Gordon Gekko said “greed is good.” Mike Larson says “boring is good,” if you want long-term returns. “Boring will make you money.” Larson, a senior analyst with Weiss Ratings, contends there is a vast overvaluation of tech stocks, along with many others, on account of both hype and easy credit. In this episode he notes both near universal IPO failures and mounting corporate debts as compelling reasons for conservative investing. Show notes: https://goldnewsletter.com/podcast/mike-larson-tech-bubble/.
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