Bubbles always burst. It is just a question of when, and who gets hurt when they do burst.
- The first stage of a bubble is when most smart money declares we are NOT in a bubble…it is different this time.
- The second stage is more dangerous. Many people agree that we are in a bubble, but it will last another year or two, and there is still money to be made.
- The third stage is when the bubble has burst but most people are in denial and think it is a temporary set back.
- The fourth stage is when everyone agrees the bubble has burst and life will never be the same.
More articles about bubble:
“Bubble or normal failure scenario?”, and “I’ll trade my two $50K cats for your $100K dog“, and of course “Fear is temporary, greed is permanent“
I have spent thousands of dollars on technical books in my career. Especially in the early days of my career. Also technical books are expensive :>
These days I hardly buy any technical books at all….reasons like the content are not up-to-date enough and printed books are not readily available. I cannot possibly carry so many thick and heavy books between workplace & home everyday
I bought many book…and I have also thrown away many. Technology changes so fast. Computer books can become obsolete in just a few years. However, some books are still prefer to keep as my memory to a certain era.
Here are some that fill up my bookshelf these days:
And magazines that goes back 10+ years ago: