The Tech Bubble Is Back

Gordon Gekko said “greed is good.” Mike Larson, a senior analyst with Weiss Ratings, says “boring is good.” If you want long-term returns, “boring will make you money.”

Larson contends there is a vast overvaluation of tech stocks, along with many others, on account of both hype and easy credit—likely worse than in the late 1990s. In this episode he notes near universal IPO failures and mounting corporate debts as compelling reasons for conservative investing.

Mike Larson of Weiss Ratings is a regular speaker at the annual New Orleans Investment Conference: November 1–4 this year (NOIC).