I understand your question. regarding tulips there were perhaps some more concrete reasons why it would end, not least of all that tulips can be grown in basically endless supply to meet demand and flood the market over a long enough time frame.I suppose so. BTW I am not having a go at you. I suppose the point is best illustrated by example. The price of tulips went stratospheric due to a speculative frenzy, but it was not justified on any fundamental basis.
Funny you mentioned Apple, as I also considered mentioning it in my original reply. I've never owned an iphone, in my opinion you have been able to get an Android phone that is both better and significantly cheaper for years now. To me personally the price of iphones is not justified, but I do not necessarily think that is unsustainable as other people value them more than I do , even if that is for what I consider to be illogical reasons. Apple is very profitable, and may continue to be, and I do own Apple shares.The price of Apple shares has also had a spectacular trajectory. The earning prospects for the Apple company possibly justify that price performance.
I backed it yesterday when the odds were 7/5
Unfortunately, the maximum bet was only €145. Still it's like free money, although you have to wait a year for it.
Not quite the same Boss. I presume you would hand the tenner into your local Garda stationIt's like finding a tenner on the foot path...
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