Financial journalist Andrew Ross Sorkin discusses market timing and bubble psychology, relaying a recent conversation with hedge fund manager Paul Tudor Jones.
“I was talking to Paul Tudor Jones about a week ago, and he said, I was asking him this question about bubbles. He said, ah, I think we're in maybe like October, 1999. Right now. And I said, oh, that's interesting. Okay. 99. He said, but there's still, if you said, if you remember October, there was still a 40% upside.”
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