Besides valuation, Gallo lists another ten characteristics which are “typically present” in today’s bubbles. These are:
- This time is different
- Fear of missing out
- Sky is the limit
- Flipping
- No credit, no problem
- Buy the dip
- Borrow while you can
- Bidding wars
- The trend is your friend
- Financial engineering
As Gallo notes.
Source: The World's Biggest Bubbles
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