Re:Long Island Iced Tea Soars 500% After Changing Its Name t...
by meri_dian on Thursday December 21, 2017 @11:17AM
(#15979958)
Identifying bubbles with absolute certainty may be impossible, but identifying them with a reasonable amount of confidence is possible. They follow similar paths.
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Re:Long Island Iced Tea Soars 500% After Changing Its Name t...
by BlanketApple on Thursday December 21, 2017 @11:31AM
(#15980144)
Of course, there's the old saying that the financial media has correctly predicted 20 of the last 3 bubbles
Re:Long Island Iced Tea Soars 500% After Changing Its Name t...
by yellowbeard on Thursday December 21, 2017 @11:44AM
(#15980316)
I think the original quote is "The stock market has forecast nine of the last five recessions." 1966 https://en.wikiquote.org/wiki/Paul_Samuelson But the idea probably applies to most predictions :)