Vivek Wadhwa and Paul Kedrosky talk the tech bubble on Bloomberg West
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Uploaded by BloombergTvBest on Jul 15, 2011
Vivek Wadhwa and Paul Kedrosky talk about whether we're in another tech bubble with Bloomberg West's Cory Johnson and Emily Chang.
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@johnacoogan it's "citing Grandma". Paul thinks Vivek is making a straw-man argument that we need to protect unsophisticated investors (i.e. "Grandma") from any bubble but capital markets just don't work that way. There are some restrictions on who can trade what but if a company is listed there is very little we can do to stop anyone firing up eTrade and buying shares at inflated prices.
supinetube 7 months ago
@11:40 Can anyone clarify what "citing Gramma" refers to?
"Right now we're all too smart for our own good, we're all too quick with the metaphors and the analogies back to '99, we're all citing Gramma (sic?) too often and trying to protect too many people, so it won't play out that way."
johnacoogan 7 months ago
Set up two browser instances side by side so you can see two YouTube videos at the same time. Find one of the many heartbreaking YouTube videos about the rising unemployment, bankruptcies, and foreclosures affecting the bulk of the US population. Play this video and that one side by side at the same time. It will blow your mind.
roschler 7 months ago
agree with Wadhwa. Face book is ridiculous. Too many of my grown up friends who are business people have deleted their accounts. I for one have a FB account but rarely use it other than because of my boys who post me photo no and again. I do not look at their adds and find no value in it. I think the grown ups who are working and making things happen really do not have the interest in FB it is not mature. Plus as an additional note my account has been hacked 3 times on Face Book.
randallpaulcom 7 months ago