True, and the relevant aphorism are:
"If something cannot go on forever, it will stop" and "the markets can remain irrational longer than you can remain solvent".
A problem seems to be the lack of legitimate investments with decent rates of return at present. So people turn to more speculative assets.
True, and the relevant aphorism are:
"If something cannot go on forever, it will stop" and "the markets can remain irrational longer than you can remain solvent".
A problem seems to be the lack of legitimate investments with decent rates of return at present. So people turn to more speculative assets.