Personalize hundreds of music stations, as this 85th report consequences
stock market mania we first published this website january 15, 1999.
Not exact matches
The Crash of 1987 came on the heels of a spectacular
stock bull
market that started in 1982 that was fueled by a supercharged business environment that included hostile takeovers, leveraged buyouts and merger
mania.
After Greenspan lowered rates and started another financial
mania driven by home values and the
stock market, we were again convinced that the public couldn't be fooled again.
In the short - term, the
market's tide will raise and lower all boats, but value investing works in the long - run, and unless you're in a late 1990's type
mania, I think it probably is best to completely ignore the overall
market and just focus on looking for undervalued
stocks of individual companies that you think will be doing more business in five years than they are now.
I've recently noticed a significant amount of
mania - like behavior in which investors simply ignore valuations and it does feel like we're in the euphoric stage of the bull
market in which everyone can make money from
stocks and the low interest - rate environment has helped perpetuate it.
History is replete with such self - reinforcing trends divorced from valuations: the tulip craze in 1630s Holland, the South Sea Bubble of 1720, railway
manias of the mid-1800s, the roaring bull
market of the 1920s, Nifty Fifty
stocks in the 1960s, Japan's asset price bubble of the 1980s, and the late 1990s tech bubble, to name just a few.
The
stock market is at new highs, and there isn't really a
mania feel now.
In the short - term, the
market's tide will raise and lower all boats, but value investing works in the long - run, and unless you're in a late 1990's type
mania, I think it probably is best to completely ignore the overall
market and just focus on looking for undervalued
stocks of individual companies that you think will be doing more business in five years than they are now.
I've recently noticed a significant amount of
mania - like behavior in which investors simply ignore valuations and it does feel like we're in the euphoric stage of the bull
market in which everyone can make money from
stocks and the low interest - rate environment has helped perpetuate it.
A
mania for Internet
stocks gripped the
market.
When tech
stocks are overbid, it is more of a local
mania where
market players overestimate the degree of growth the sector can achieve.
The astronomical ascent in value has invited comparisons to the Dot - Com bubble of the early 2000s and even with the «Tulip
Mania» of the early 17th century, the earliest known «modern»
stock -
market crash.
In a phone interview with CNBC, Birinyi said that the Bitcoin
mania is forcing more of the cash that has been kept idle on the sidelines back into the
stock markets.