Found in 2 comments on Hacker News
jevgeni · 2016-01-11 · Original thread
Might I suggest looking at this book[1]:

http://www.amazon.com/Dow-36-000-Strategy-Profiting/dp/08129...

What is especially interesting is the publication date.

Additionally, remember when everybody in Europe and the U.S. seemed to be buying property? When was that? Oh, 2006.

But, the point without the snark is that none of the BRICs have a "golden ticket". What they do have, is a large trade surplus and murky leveraging.

___

[1] - Or even better: http://www.amazon.com/Dow-2008-Different-This-Time/dp/189395...

300bps · 2013-11-23 · Original thread
When things have gone up, people think they will go up forever.

When things have gone down, people think they will never go up again.

This article reminds me of this:

http://www.amazon.com/Dow-2008-Different-This-Time/dp/189395...

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