Ben wrote:
Tech stocks are going crazy? Check
IPOs are on fire? Check
Retail day-trading is going bananas? Check
People are proclaiming we’ve entered a “new” economy? Check
Warren Buffett is getting mocked relentlessly? Check
Investors are throwing money at unproven business models with no profits? Check
Value stocks are getting crushed by growth stocks? Check
Small cap stocks are getting left in the dust by large cap stocks? Check
This is a description of what went during the insanity of the late-1990s dot-com bubble…and what’s happening in 2020.
We spoke about this and more on last week’s Animal Spirits
