"They know that overstaying the festivities — that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future — will eventually bring on pumpkins and mice."
"But they nevertheless hate to miss a single minute of what is one Helluva party."
"Therefore, the giddy participants all plan to leave just seconds before midnight."
"There’s a problem, though: They are dancing in a room in which the clocks have no hands."
*Warren Buffett*
"But they nevertheless hate to miss a single minute of what is one Helluva party."
"Therefore, the giddy participants all plan to leave just seconds before midnight."
"There’s a problem, though: They are dancing in a room in which the clocks have no hands."
*Warren Buffett*