"Wu Li Re Xin" - Irrational Exuberance in Chinese
Aggregated Source: Seeking Alpha China stocks
October 10, 2007|
Investors have become
giddy over Chinese stocks, reminiscent of their collective enthusiasm for Tech
stocks famously crystallized by Alan Greenspan as “irrational exuberance.” Then
as now investors seem to be convinced that the old measures of value simply no
longer apply.
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