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TIP520: Investing Through Post-bubble Markets w/ Jamie Catherwood
We Study Billionaires - The Investor’s Podcast Network
What Do You Think Is the Cause of a Bubble Burst?
A year ago, the SMP was down about 11%. There was a lot of speculation at that time around whether this was just a correction or if we were actually going to enter into a bear market. What do you think is causing that with the momentum? It's just that there's more speculation that comes around periods like this. And so generally I'd say, whether it's fraud or just kind of questionable business models, I think those all get found out in the bear market.
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