“Bubbles are far more dangerous when they are fuelled by debt”

Posted by Bill Blain

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So please don’t waste my time by telling me Company X is such a fantastic investment proposition because its stock price has gone soaring higher. Tell me what the something special it does or what particular unique service is has proven it can deliver, makes it so valuable. Explain to me the rationale for it being able to generate secure cashflows, maintain orders through a worse case global trade scenario, and how it’s not subject to competitive threats likely to paradigm shift it into oblivion in a few months time. Don’t tell me to buy it because its going up because Robin Hood accounts are buying it…. Read More