16.8.07
The one thing needful at the top of each bubble, the rabble also takes on the role of greatest sucker, too. Piling in as the smart money runs for the exits, the common or garden investor pays top price. He or she is then left holding the "asset" as its price collapses...and by that time, the Lear jets have long since cleared the tarmac...taking the money with them.
http://www.whiskeyandgunpowder.com/Archives/2007/20070817.html
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