Quote:
|
Originally Posted by skinnywussy
I was in the middle of it and I heard nothing but "tech is a bubble". Everybody was rushing to IPO because they knew the collapse was coming.
|
Totally. I remember CNBC even running a "Nasdaq: 5000 and Beyond" special the first week into 2000 and thinking "Jesus, where will this ride end?"
Three months later I had my answer.
Hindsight is always 20/20. No one knew jack SHIT besides a lucky few. And if they did, yet didn't put any money behind their opinions by shorting these bubble-targets, that's worthless as well. Anyone can "call" a bubble. Put your money where your mouth is, go short Toll Brothers or other associated real-estate bubble related stocks that have seen massive growth the past three years, then when this real estate bubble collapses come tell us about how you did.
Money talks, bullshit walks.
