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Obscenities... I think a lot of dumb people do it because they can't think of what they want to say and they're frustrated. A lot of smart people do it to pretend they aren't very smart - want to be just one of the boys. ↗
#dumb #dumb people #frustrated #i #i think
What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price. ↗
