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Jason Zweig – Psychology, History & Writing (EP.32)

Infinite Loops

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The Stock Market as a Whole Is Not a Bubble

It doesn't seem to me that there is the unified this stock, x, y, z or this asset class, can do no wrong. Maybe it's just because i don't pay as much attention to all that noise, if you will, like i used to back then. There are people who try to compare the market of two thousand 20 with the market early two thousand before that bubble burst. It was way wilder and crazier than what we have now. Yes, the big growth tax stocks are expensive, most of them aren't expensive the way the market favorites were in late 19 99 and early two thousand. But i think it's pretty isolated.

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