BEER Group Read. 'irrational exuberance' p. 4

[Joseph S. Barrera III]

On 10/14/2013 12:30 PM, Mark Kohut wrote:

> If money is made on a bubble, is it real?

If you cash out before it bursts, it absolutely is real.

(If you don't, but you exercise your options, it may not be real, but 
the IRS will still tax you on it under AMT. A lot of people got 
clobbered in the dot-com crash by this.)

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Pynchon-l / http://www.waste.org/mail/?list=pynchon-l