5 Signs We *Might* Be In An Equity Bubble.
Thought-provoking piece from the wicked-smart fund manager Gary Mishuris.
Here's a thread on the five signs Gary sees in this potential market bubble ...
forbes.com/sites/garymish…
- It's not enough to believe. At some point your beliefs need to be backed by thorough analysis and numbers.
- Great resource for this numbers to narratives (ht @AswathDamodaran):
- This one's tough because we go back to narratives and numbers.
- I'm fine with story stocks as long as you can provide numbers behind the story.
- Great article on this idea: macro-ops.com/herd-mentality…
- We know the @elonmusk and @nikolatrevor examples (too easy).
- But we can't forget @JeffBezos in the early AMZN days or Steve Jobs at Apple.
- The most dangerous words in an investor's vocabulary quiver are: "This time it's different"
- Great piece by @MacroOps on sentiment: macro-ops.com/how-to-read-ma…