This past week I came across what I think is an incredible insight on financial bubbles: “Assets whose prices more than double over one to three years are twice as likely to double again in the same time frame as they are to lose more than half their value.”
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Investing Through Bubbles
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This past week I came across what I think is an incredible insight on financial bubbles: “Assets whose prices more than double over one to three years are twice as likely to double again in the same time frame as they are to lose more than half their value.”