Saturday, January 2, 2010 - Henderson NV

Monopoly Money

During the 1990s I knew all the dot-coms would go to hell, because when I thought about them the only images I saw were rented office space and computers that would be obsolete in two years. There wasn't anything real I could picture; the companies had no hard assets. My stockbroker asked me how I knew the two stock market crashes would happen, and I told him, "When the Monopoly play money starts jerking around the real money you're in trouble."

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