People forget that economies have close to 10 trillion dollars...

People forget that economies have close to 10 trillion dollars printed and more than 15 trillion Covid stimulus by central banks globally.

With all this liquidity but not many asset classes available is a key reason for markets to continue their rallies and hence newer assets have sprung crypto, NFT etc.

Tech booms are always about the future.

Now bring on the next generation tech that no company will survive without.

VR/AR is the future with unlimited potential. It was like when internet was first introduced.

In any boom bust scenario overvalued companies will be impacted.

And if this were to happen, recovery will be faster. rewind back to 20 mar last year and how quickly the markets recovered?

Old economic theories are academically interesting but we don't want to be driving forward looking back in the rear mirror!

Also I firmly believe that as we age, and provided there is money for a rainy day, ability to take bigger risks should be higher.