Behavioral Finance Explains Bubbles

Editor's note:?Adam Nash is the chief operating officer of Wealthfront. He was formerly executive-in-residence with Greylock Partners and VP of product management at LinkedIn. Given the incredible volatility we?ve seen lately in the Bitcoin and gold markets, there has been a resurgence of discussion about bubbles. This topic is always top of mind in Silicon Valley, especially given that the two favorite local topics of conversation are technology companies and housing.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/92RlB1OmdeU/

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