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Feeling Anxious About Your Investments?, with Scott Nations
Afford Anything
Why Do Stocks Rise in Speculative Bubbles?
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Human behaviour can sometimes explain, or partially explain, why a given stack or a given asset might rise in this speculative bubble. And it rises all out of relation to its fundamental value. Not that long ago, we saw some of this happen with what were now calling meam stocks. So, you know, it happen in 17 20. It happened last year, in the year before. It continues to happen simply because it's part of who we are. The danger comes when our brain is desperate for the swirl of chemicals that gets us into these bubbles.
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