I’ve been waiting for the other shoe to drop for a year now. It’s so unsettling how long this is taking. At this point nearly everyone knows pretty much every tech company is overvalued. What’s taking so long?
It’s that old chestnut about the markets staying irrational longer than you can stay solvent. Nobody wants the music to stop, and there is still a lot of money out there that they can burn through.
Honestly I’m not holding my breath, this could go on for years. Of course, every day that passes the hole gets deeper.
I’ve been waiting for the other shoe to drop for a year now. It’s so unsettling how long this is taking. At this point nearly everyone knows pretty much every tech company is overvalued. What’s taking so long?
It’s that old chestnut about the markets staying irrational longer than you can stay solvent. Nobody wants the music to stop, and there is still a lot of money out there that they can burn through.
Honestly I’m not holding my breath, this could go on for years. Of course, every day that passes the hole gets deeper.