The long answer?
Let us have a look at charts, data points & trends to decide whether the Tech sector — at this moment in time — is a good long term investment opportunity based on the "weight of evidence approach."
So while we lack expertise & god-given status, we allocate capital to many different sectors (for diversification) based on a bit of common sense & objectivity.
We believe it is the price you pay or the valuation level you enter into an asset that matters the most.
Growth investors, of course, would disagree.
They are looking at revenue growth, future runway, etc, etc.
Obviously, all of this will depend on your risk tolerance, your time frame (short, medium, or long term) & your financial goals/targets.
Just like today, legendary investors such as John Templeton & Warren Buffett were mocked for calling the spade a spade.
But bubbles run further than any of us can imagine & the gains continued for another...
But how many survived the subsequent crash of 80-90%?
In my opinion, not many.
You can see these gurus are still selling newsletters today (if you're so good, why are you selling me your ideas?)
This is where investors will question the thesis: "What if you miss out?"
That assumption is made on a premise that we aren't investing anywhere else like real estate developments, single-family builds, private debt, agriculture, etc.
We don't think so. Not for OUR capital.
But maybe for yours, especially if all you do is trade on a shorter-term timeframe.
You might even get really rich, really quickly (people love the sound of that) if it keeps going higher.
“History doesn't repeat itself, but it often rhymes.” — Mark Twain
Therefore, opinions do not carry as much weight the way someone’s with actual real money, energy & effort invested in these sectors does.