April 2011
4 posts
thoughts on the tech bubble
recently i forwarded an article about the purported tech bubble to a friend. see his thoughts below. needless to say, he’s not a VC :)
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Part of the reason the housing bubble lasted as long as it did was because there was no good way to short it. You could short it indirectly by shorting homebuilders, etc., but what you really wanted to do was short the mortgage of the guy down the...