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by travisgriggs 248 days ago
> This is one of those rather surreal situations where everyone senior in this ecosystem knows that the math doesn’t work, but they don’t know that everyone else also knows this. They thought that they were the foolish ones, who simply didn’t get it.

I don’t know if it’s that surreal or unexpected. There’s a reason “The Emperors Clothes” is such a classic, enduring, fable. It’s happened before. It’ll happen again.

Not shading the article. All good points, just was surprised the author threw this bit in.

Buy more tulips.

1 comments

> Buy more tulips

Railroads and fibre are better examples. Tulips are actually fucking useless as a productive asset. Railroads, fibre-optic cables, power production and datacentres are not.