A bubble exists when people are paying prices that make no sense. ??"No sense" as in, "There's no way in hell that this asset will ever generate enough income to pay them back."
Here's??a nice illustration.??
dividentThis is what I mean by irrationalAustinContrarian Tue, 12/23/2008 - 6:47pm
A bubble exists when people are paying prices that make no sense. ??"No sense" as in, "There's no way in hell that this asset will ever generate enough income to pay them back." Here's??a nice illustration.?? This is what I mean by irrationalAustinContrarian Tue, 12/23/2008 - 6:47pm
A bubble exists when people are paying prices that make no sense. "No sense" as in, "There's no way in hell that this asset will ever generate enough income to pay them back." Here's a nice illustration. This is what I mean by irrationalAustinContrarian Tue, 12/23/2008 - 2:44pm
A bubble exists when people are paying prices that make no sense. "No sense" as in, "There's no way in hell that this asset will ever generate enough income to pay them back." |