la gente de nueva jersey esta muy loca wrote:
Happy National Hydration Day!
Everybody in the NYC Metro area freaking out about the heat wave. Typical summer day in Central Texas. Got out early this morning. Easy to do in NJ, sun rises at 5:30 AM, not 6:30. Also, don't have to worry about stepping on a snake.
Came across this from Dan Davies' old blog, D-squared Digest from August 2002;
"The whole f***ing Beanie Baby thing proved beyond doubt that Americans
have no real qualms about being manipulated into ludicrously undignified
speculative bubbles if they think they might be able to get out at the
top. We ought to harness this tendency for good. I'm not saying that
this is a solution for the long term, but if we reckon on five years per
bubble, then cars, guns, baseball and Beanies ought to last long enough
for me personally to be either retired to the sunshine with a stack of
gold and canned goods, or converted to pure energy and living forever on
the Internet. Depending on my market timing, of course.""
Interesting. And I do vaguely remember that, but I couldn't remember the year if my life depended on it.
If only Beanie Babies were the worst of the things American's falsely clutch onto. You know what I mean, and there's no shortage of examples today, imo.
For me, that time- 2002 - was when I gave up chasing all the internet fad stocks that I had chased, but were failing in large numbers, and went instead with just the big winners, which were Apple and Google. Smart decision.