It was too low in 2001 and has now swung too far the other way. https://en.wikip... | Hacker News

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Mistletoe on Nov 11, 2021 | parent | context | favorite | on: An Engineer's View of Venture Capitalists (2001)

It was too low in 2001 and has now swung too far the other way.

https://en.wikipedia.org/wiki/Mean_reversion_(finance)

Like most things, the gray area in the middle with checks and balances is probably best.

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