[bryanlarsen]

> A lot of people are acting like they don’t know it.

Or they're acting like they think there's going to be significant stock price growth between now and the bubble popping. Behaviors aren't significantly different between those two scenarios.

[LexiMax]

It's always been an interesting mental exercise for me to try and measure the unknowable gap between what people say they believe and the motivated reasoning that might drive their stated beliefs.

Putting your statement another way, if you and I can see the bubble, then it's almost a certainty that the average tech CEO also sees a bubble. They're just hoping that when the music stops, they won't be the one left holding the bag.

[bryanlarsen]

You can "have your cake and eat it too", as long as you're happy with a smaller portion of the cake.

I own some NVDA. I've sold a good portion of it, so I've "locked in the profit" on it. If it doubles again, I'll sell some more. If it crashes I won't be too disappointed -- I've locked in my profit, and now I own more reasonably priced NVDA shares.

Note that if you have index funds, you probably already own a surprising amount of NVDA.