Yeah, Jim’s an old pro. He’s been at it a very long time. I’ve spoken at some of the same conferences that he’s spoken at and attended some of his speaking sessions. Jim and I usually have similar views.
The main areas where I’d differ is to say that it’s definitely already a bubble, and it’s hard to say when that bubble will bust. I’d think it could be sooner than he thinks. But that doesn’t mean I’m right and he’s wrong.
The good news is that we have ways to profit over time whether the bubble continues or pops.