Forbes -
26 Jul 2014 01:18

Earlier this year, the talk of a stock market bubble has periodically dominated the financial media. Last week, an astute economic reporter even asked President Obama, "Are you concerned there is a bubble out there like we had in '01 and '08?" In my view, these debates are stupid and a distraction for investors as there are no signs yet of a stock market bubble. During my investing career, I have observed three bubbles, the first being the precious metals boom that ended in early 1980 as gold hi...
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