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this logic based on the stockmarket bubble of the late 90s, which will never be seen again.

What makes you think that there'll be fewer bubbles in the future?

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Aug 28th, 2008 at 03:39:38 PM EST
[ Parent ]
About 8K was sucked out of my wallet in short order. I think investors have learned that there is no quick buck in the stock market. Slow, but reliable semi-conservative gains work best.

by shergald on Thu Aug 28th, 2008 at 05:52:44 PM EST
[ Parent ]
Aw, that sucks. Sorry to hear that. But I think you're wrong about the ability and willingness of the stock market to learn from past mistakes. I mean, the housing bubble happened hot on the heels of the dotcom crash which, if anything, should have taught people a thing or two about stock markets (most importantly, don't bet money on the stock market that you can't afford to lose...).

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Aug 29th, 2008 at 11:37:35 AM EST
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