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by ed 279 days ago
Insightful comment because this is the exact psychology that leads to bubbles!
1 comments

True. But a bubble is only confirmed once it bursts.

Given that market can remain crazy longer than I can remain solvent I’d rather be invested in it.

Insightful comment because this is the exact psychology that leads to bubbles!
There’s a saying, “a bubble is just a bull market you don’t have a position in” :)