The expression “irrational exuberance” has taken on a new significance in recent days. It was used in a 1996 lecture by the then Chairman of the Federal Reserve, Alan Greenspan, and was widely interpreted as a diplomatic hint that he considered the markets overvalued.
GetEntrepreneurial.com: When It Is Rational To Be Irrational
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Made Hot by: on April 9, 2009 3:30 pm
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