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Spotting Market Bubbles: Why History Says It's Nearly Impossible
Spotting Market Bubbles: Why History Says It's Nearly Impossible
Authored by Lance Roberts via RealInvestmentAdvice.com,
If you knew you were standing inside a stock market bubble, you wouldn’t be standing in it for long. You’d sell. So would I, and so would everyone reading this. And if spotting market bubbles was something everyone could do in real time, the bubble couldn’t form in the first place. That paradox is why spotting market bubbles is one of the hardest jobs in finance, and why bubbles look painfully obvious only after the fact.
Market...
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