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A toy with a 1.4 bn market cap.

Of course no one - including you - will remember your prophecy come August, but I am pretty sure you are wrong. Why? Because history does not repeat itself, esp. not when it comes to speculation.




"Because history does not repeat itself"

Sorry but human history is full of cycles and mistakes repeated over and over.

Have you ever heard "Humans are the only animals that stumble on the same rock twice" ?


"Because history does not repeat itself, esp. not when it comes to speculation."

See every bubble ever.


Why? Because history does not repeat itself, esp. not when it comes to speculation.

Haha, that's funny. See tulips, housing, Iraqi Dinar, CO Silver industry crash, gold in the 80s, the list goes on.


All different asset classes. The last gold bubble was in the 80s, 30 years from now.


House prices seem to bubble and crash over and over.


"history does not repeat itself"

That is quite possibly one of the stupidest statements I've ever read on HN, let alone the wider internet. We don't study history because we seriously think we can avoid making the same mistakes, really. We study history because we need to know what other people are going to get us entangled in because "this time, it's different".




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