The New Market Bubble Theory

Big whoop. I predicted that the market would crash in the late 90’s. Most analytical people would have noticed that Internet hysteria had companies paying hundreds of millions of dollars to buy other companies who had never made a penny (they just had a large Internet presence). I would think that a business plan would somehow have to include some form of customer revenue to be viable, but not in the 90’s…

My favorite was Blue Mountain greeting cards…

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