[quote=carlsbadworker][quote=phaster][quote=scaredyclassic]Ego inflation is on the rise.[/quote]
so do you think the rise in “ego” is sustainable,… or do you think there is an “ego” bubble?[/quote]
Doesn’t the ego bubble go with the financial bubble?[/quote]
The first time I fully appreciated the Ego Bubble was when I listened to endless Investing Genius commentary at my local gym during the dot.com insanity. I had no idea I had been in the company of so many geniuses until they dazzled me with stories of their investing acumen. About a year later, the conversations avoided investing entirely, and it was back to which brand of protein shake was best. Same thing during the RE bubble about 5 years later.
When Ego Bubbles burst, I call it The Great Humbling. I suspect we’re in for another such event but I have no idea when.