“If we thought it was stupid to invest in public internet websites that had no chance of succeeding back then, it’s worse today,” Cuban said on a blog post.
However, Cuban notes that the risk may be concentrated in the private market as many startups and other privately held companies are waiting longer to go public.
With the Nasdaq reaching toward its previous 2000 highs, Dagres warns that the likelihood that we are at the peak of the market cycle now exceeds the liklihood that we are only halfway through.
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