Credit Bubble Stocks

Thursday, October 28, 2010

"Beware the Amateurs"

The lesson here is beware the amateurs. Wherever they gather in huge profitable masses a bubble has surely formed, and the longer they are able to walk around blithely picking up $100 bills off the sidewalk, the bigger the bubble is.
Good stuff. Makes you stop and think about the latest AAII sentiment numbers, doesn't it?
CP at 6:13 PM

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