#The rumpus full#
#The rumpus series#

The experience also makes it easy for me to sympathize with the view that bearish advice in bubbles always comes from old fogeys who “just don’t get it,” because I received that old fogey advice back then and just didn’t listen. This taught me a lesson, and it helped make me cautious. My main stock, American Raceways, tripled while I was on vacation – $7 to $21 – then went to $100 by Christmas, only to lose it all even quicker by the following June, as almost all the fireworks exploded and crashed.

#The rumpus full#

I participated in a wonderful micro-cap fireworks display from 1968 to 1969, in which I made a small fortune (7 times the then full cost of a year at business school). For bubbles, especially superbubbles where we are now, are often the most exhilarating financial experiences of a lifetime. In a bubble, no one wants to hear the bear case. The checklist for a superbubble running through its phases is now complete and the wild rumpus can begin at any time. In each case, these shared characteristics have already occurred in this cycle.

#The rumpus series#

Previous equity superbubbles had a series of distinct features that individually are rare and collectively are unique to these events. we are in the fourth superbubble of the last hundred years.

All five of these superbubbles corrected all the way back to trend with much greater and longer pain than average. There were also superbubbles in housing in the U.S. But before they did, a handful went on to become superbubbles of 3-sigma or greater: in the U.S. Bubble Extravaganza: Housing, Equities, Bonds, and Commodities Executive SummaryĪll 2-sigma equity bubbles in developed countries have broken back to trend. 21, 2022 1:00 AM ET S&P 500 Index (SP500) ACTV, AFMC, AFSM, AMER, ARKK, AVUV, BAPR, BAUG, BBMC, BBSC, BFOR, BFTR, BJUL, BJUN, BKMC, BKSE, BMAR, BMAY, BOCT, BOSS, BOUT, BUFF, BUL, CALF, CATH, CBSE, CSA, CSB, CSD, CSF, CSML, CSTNL, CWS, CZA, DDIV, DEEP, DES, DEUS, DFAS, DFAT, DGRS, DIA, DIV, DJD, DMRL, DMRM, DMRS, DON, DSPC, DVLU, DWAS, DWMC, EES, EFIV, EPS, EQAL, ESML, ETHO, EWMC, EWSC, EZM, FAB, FAD, FDM, FFTY, FLQM, FLQS, FNDA, FNK, FNX, FNY, FOVL, FRTY, FSMD, FTA, FYC, FYT, FYX, GBGR, GLRY, GSSC, HAIL, HIBL, HIBS, HLGE, HOMZ, HSMV, IJH, IJJ, IJK, IJR, IJS, IJT, IMCB, IMCG, IMCV, IPO, ISCB, ISCG, ISCV, ISMD, IUSS, IVDG, IVE, IVOG, IVOO, IVOV, IVV, IVW, IWC, IWM, IWN, IWO, IWP, IWR, IWS, IYY, JDIV, JHMM, JHSC, JPME, JPSE, JSMD, JSML, KAPR, KJAN, KJUL, KNG, KOMP, KSCD, LSAT, MDY, MDYG, MDYV, MGMT, MID, MIDE, MIDF, NAPR, NIFE, NJAN, NOBL, NUMG, NUMV, NUSC, NVQ, OMFS, ONEO, ONEQ, ONEV, ONEY, OSCV, OUSM, OVS, PAMC, PAPR, PAUG, PBP, PBSM, PEXL, PEY, PJAN, PJUN, PLTL, PQLC, PQSG, PQSV, PRFZ, PSC, PTMC, PUTW, PWC, PY, QDIV, QMOM, QQC, QQD, QQEW, QQQ, QQQA, QQQE, QQQJ, QQQM, QQQN, QQXT, QTEC, QVAL, QVML, QVMM, QVMS, QYLD, QYLG, REGL, RFG, RFV, RNMC, RNSC, ROSC, RPG, RPV 70 Comments 63 Likes Just leave your cell phone at home and come.Jan. We’ve improved our trail system and added some awesome new beginner courses this year.Įach night will be a social event with local brews, group meals, tours of the night sky, bonfires, refreshments, live music and even a down home square dance. Compete in low-key, beginner-friendly road and mountain bike races near radio telescopes! There will be rides and races for all ages and levels, as well as cycling clinics and vendors.

The rides and races explore both the Green Bank Observatory's unique property and the surrounding area.Ĭome participate in guided road rides ranging from 20 - 50+ miles in length and guided mountain bike rides which range from absolute beginner through expert. The Space Race Rumpus takes place every June in Pocahontas County, WV, which has some of the most scenic roads and trails in the mid-Atlantic.