http://techcrunch.com/2015/06/26/the-tech-industry-is-in-denial-but-the-bubbl...
Meanwhile, Noble Prize-winning economist Robert Shiller, who previously warned about both the dot-com and housing bubbles, suspects the recent equity valuation increases are more because of fear than exuberance. Shiller believes that “compared with history, US stocks are overvalued.” He says, “one way to assess this is by looking at the CAPE (cyclically adjusted P/E) ratio … defined as the real stock price (using the S&P Composite Stock Price Index deflated by CPI) divided by the ten-year average of real earnings per share.”
Shiller says this has been a “good predictor of subsequent stock market returns, especially over the long run. The CAPE ratio has recently been around 27, which is quite high by US historical standards. The only other times it is has been that high or higher were in 1929, 2000, and 2007 — all moments before market crashes.”
И ещё там много говорится, что все как больные несут бабло в IT, вкладывают в самые бредовые идеи, а стартаперы как на пороге конца света прожигают бюджет на маркетинг.
