All bubbles work exactly the same way. There's always a rationalization why this time is different. So far in history, this time has never been different. Will it be now? The odds are against it, but you never know. That's why if you're sitting on huge paper profits it's a good time to consider making them real. Not all, but perhaps a meaningful amount. Remember all those dot com/dot bomb billionaires. They can now be found in some of the trendiest restaurants, waiting tables.
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