Title: Dow 30,000
Review: Sadly, another book like Dow 20,000 attempting to justify the excessive valuations of equities in their portfolio. You'd think one would learn that there is no "new economy" after the last bubble where these technology buffs lost more then half of their assets (perhaps that doesn't mean too much to a portfolio manager, after all it's not their money they're losing), but hope is a good thing, it's just no substitute for research.Were steel, concrete, railroads, the transatlantic telegraph, aircraft, or electricity any less revolutionary when they appeared? Certainly not. It's just that those with a myopic view of history somehow believe that the era in which they occupy is "new". It may be recent, but it's not new.
Is this product review negative?