January 2010
2 posts
“You’re a wonderful leader, but when the books are written, your...”
– Comment made to Dick Fuld in Sorkin’s Too Big to Fail
“The problem is that a lot of investors in 2007 knew the markets were overheated,...”
– Roubini v. Gross on Outlook for 2010 « naked capitalism
This sentiment was pervasive during the dot com bubble too. I guess that means one CAN identify bubbles before they pop.
(via jryu)
Rafer sez: It’s easy to tell when there’s a bubble, but not when it’ll end. Market timing (top or...