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Prof. Charles Lee: Why We Keep Having Bubbles

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Uploaded by on May 11, 2010

Charles Lee, professor of accounting at the Stanford Graduate School of Business, gives an analogy as to what markets are like and why no one can really see the bursting of the bubble until it happens. We can never truly anticipate when things will "pop".

From Stanford Business magazine: http://www.gsb.stanford.edu/news/bmag

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  • Beautiful explanation.

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