@pmarca Clifford Asness said it well, "we have dumbed the word [bubble] down and now use it too much." http://www.cfapubs.org/doi/pdf/10.2469/faj.v70.n1.2 …
@pmarca It binds the strong negative emotions associated with bubbles and their impact to what should be rational debates about valuation :/
1:55 PM - 6 May 2014
0 replies
0 retweets
1 like
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.