Bubbles mini-series Episode 2: How to spot bubbles

In today's episode we discussed some of the characteristics of a bubble, and how they can be identified. We discussed several warning signs, including the following: -Valuation metrics become redundant -No price too high! -Technical analysis starts at high valuations -Investor profile: a surfeit of new young men coming into the market -A sharp rise in the use of leverage We also discussed why it's difficult to pick the top. Books/articles referenced David Einhorn Buchanan Capital cycle theory Buffett at Sun Valley article Thanks for listening! Download a free chapter from our book ’Low Rates, High Returns’ www.lowrateshighreturns.com/podcast Pete Wargent www.petewargent.com/ www.linkedin.com/in/pete-wargent-37228322/ Stephen Moriarty twitter.com/SGM63