Nick Maggiulli
Writer of the personal-finance blog Of Dollars And Data and author of Just Keep Buying; COO at Ritholtz Wealth Management.
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· held 12 months
Believed beforesaid
Their words thenIt’s not that any one of these things represents a mania, but collectively they do. And I know what can happen after that mania.
Nowsaid
Our readingNo longer believes this.
Their wordsMy issue wasn’t that the parallels didn’t exist—they did. My issue was that much of the speculative stuff of 2021 ended up failing (NFTs, DeFi, etc.) while much of the speculative stuff of 2025 (AI) seems to be succeeding.
↗Why I Was Wrong to Be Bearish on U.S. Stocksofdollarsanddata.com