The market can stay irrational longer than you can stay liquid.
And I know you aren’t investing here, but the point is that if you’re looking for things like bubbles to pop when you expect it, don’t. This could last for years yet if there’s enough will for idiots to keep buying.
The bubble has been going on this entire year and more. The difference is that now the people that created the bubble are beginning to recognize that there may be a slight problem with profitability.
The market can stay irrational longer than you can stay liquid.
And I know you aren’t investing here, but the point is that if you’re looking for things like bubbles to pop when you expect it, don’t. This could last for years yet if there’s enough will for idiots to keep buying.
Just like my phone
When I bought my phone I wanted to keep it for 5 years, I have 3 left.
The bubble has been going on this entire year and more. The difference is that now the people that created the bubble are beginning to recognize that there may be a slight problem with profitability.