Driving through Silicon valley about a year after the 90’s tech bubble exploded, I saw a bumper sticker that said “
Please God, Just One More Bubble." It was amusing, but also raised the larger issue of whether or not we really are able to predict booms, busts and bubbles. Certainly, if 2007/2008 is any indication, we can’t. Or at least so said dozens of bankers and financial gurus as they testified before Congress and said that “no one saw this coming.” Yale Professor and financial expert
Vikram Mansharamani thinks otherwise. He believes that there are some very clear markers of bubbles and that we CAN identify before they burst. He lays out his ideas in his new book
Boombustology: Spotting Financial Bubbles Before They Burst
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My conversation with Vikram Mansharamani:
