For those of you who claim that this is all a bubble: does that mean you are shorting SpaceX, Nvidia, etc.? And if not, doesn’t that contradict your claim?
I sometimes hear people say in response that it’s too hard to short things you only expect to drop a couple of years hence, but you can do it with long term derivatives contracts. So why aren’t you all doing it?
My guess is it’s because talk is cheap.
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