WIreD - And not my 3 Espressos
Media Musings November 21st, 2007A bit of well rounded news for the early morning:
Some Science - Skin Cell to Stem Cell Hack is like turning ‘lead into gold’
This is huge..
Google News Check - 737 Articles (most in last hour)
Some Tech - Futurists pick Top Tech Trends
And From the Markets - The New Market Bubble Theory
November 21st, 2007 at 10:07 am
In response to the Michael Grebb Article on the Market bubble– two key points resonated for me
1- “the dumb money comes in last” So true, you wait with baited breath for right moment to jump in because you see everyone else’s success, but your fatal mistake is waiting as everyone wants the “sure thing” and as history tells us- there must always be a loser, everyone can not win.
2- If the 2010 bust is loaming– sell your house if it’s a nice one. Interesting. Reminds me of the early 2000 when many friends had purchased houses and porches they couldn’t afford because they had paper (stocks) in companies they believed were valued correctly. How wrong they were and how hard was it to sell their high end assets when there was no market to buy them. They practically had to give them away to try and dig themselves out of debt.