Jan 21, 2022

Kevin Duffy on the everything bubble

The everything bubble is all encompassing: financial, economic, monetary, fiscal, medical, military, academic, journalistic, political, ideological and cultural. 

Bubbles feed on simple narratives, false promises, true believers and new believers.  The crowd takes on a life of its own. Emboldened, they become utterly intolerant of dissent.  The conflicted mob buys every dip and chases every get-rich-quick scheme, all while deriding success, tipping over statues, signaling their virtue, rushing to judgment, and trying to silence anyone who gets in their way.

~ Kevin Duffy, The Coffee Can Portfolio, December 17, 2021



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