[stuckk]

It seems that every author that writes about being in a bubble thinks that they are the only ones that can see it. ignoring the fact that everyday an article hits front page of HN talking about being in a bubble and no one can see it.

So when everybody is saying that nobody is seeing the signs of a bubble does that mean that we are in a bubble?

[pyre]

The justifications for why we aren't in a bubble has been evolving over time. I remember when the reason that we weren't in a bubble is because none of the companies involved were publicly traded, and therefore a failure/depression wouldn't affect the average Joe. Now that we're seeing companies with astronomical valuations reaching for IPOs, I don't see this argument trotted out much anymore.

[brudgers]

>"So when everybody is saying that nobody is seeing the signs of a bubble does that mean that we are in a bubble?"

No it's when your barber is investing in a startup.

And that's what the new law is designed to do.

The reason this is important is because the way one makes money from startups is not by investing in one.

It's by investing in 100.

And your barber doesn't have that kind of cash.

[eru]

Just give him an index fund. Or let him flip coins or roll dice.

[bo1024]

I would say, yes.