A CEO who oversees $1.5 billion explains how the 'Tech Bubble 2.0' is primed to pop — and how some stocks could plunge 90% and still be expensive
of the late 1990s and early 2000s culminated in one of the greatest market collapses in history.
"We've got this tech bubble 2.0," he said in an exclusive interview with Business Insider. "Everybody's talking about: 'Oh it's different this time because we've got things likeBut Yusko isn't buying the hype. He's seen cheap capital, compelling stories, and emotions drive valuations into no man's land once before. And although history rarely repeats itself in financial markets, it does often rhyme.
Today, Yusko thinks that the Fed's stimulative policies are having a similar effect. Valuations are widely disconnected with fundamentals. A tell-tale sign that investor exuberance is starting to take over and that another bubble is brewing.
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