Uncategorized, Weekly Update

Market Manias – Bitcoins, Marijuana, and the Internet of the 1990s

Published September 28, 2018


We are far down the road of this bull market cycle. How much further this road goes is anyone’s guess. Nevertheless, we are struck by the mania investing stories of last year and this, namely, cryptocurrencies (2017’s mania), and marijuana stocks (2018’s mania). These stories are very similar to the internet “” stories of the late 1990s, it appears to us. (more…)