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Jason Zweig: Escaping The Magnetic Pull Of A Bubble

FYI: To get out of a bubble before it bursts, you have to be extremely smart, extremely lucky — or both.
Regards,
Ted
http://jasonzweig.com/escaping-the-magnetic-pull-of-a-bubble/

Comments

  • Here is an easy way to participate for someone who plays the lottery regularly. Let's say you normally buy $10 a week in Powerball tickets, or $500 a year. Make a pledge that for one year, you will not buy any Powerball tickets and instead take the $500 savings and invest it in Ethereum. Also make a pledge you will sell the Ethereum in exactly one year no matter what.
    My guess is that someone who did this would probably have a much higher expected value playing the Ethereum bubble than playing Powerball.
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