Do the arguments that, "there are so few companies with large IPOs" or, "there's only a small proportion of people buying in right now" seem bizarre to anyone else?
I mean, the point is to realize the bubble early. When there are 2 tech IPOs a day and your 75 year old father is buying the hottest Facebook competitor's stock...yeah, obviously a bubble.
But it's more subtle now, and we have to figure out if it's leading to where we DON'T want to be. To me, and some other people, it seems so.
I mean, the point is to realize the bubble early. When there are 2 tech IPOs a day and your 75 year old father is buying the hottest Facebook competitor's stock...yeah, obviously a bubble.
But it's more subtle now, and we have to figure out if it's leading to where we DON'T want to be. To me, and some other people, it seems so.