On Bubbles … And Why We’ll Be Just Fine
Both Sides of the Table
JUNE 22, 2011
It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. I remember in the late 90′s trying to charge fair prices for software when my well-financed competitors were giving things away for free. That’s not true.
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