BEER Group Read. 'irrational exuberance' p. 4

[Mark Kohut]

And in the economist's sense of overarching value backed by assets of worth? As ultimate GDP

of the country?...

From: Joseph S. Barrera III <joe at barrera.org>
To: Mark Kohut <markekohut at yahoo.com>; pynchon -l <pynchon-l at waste.org> 
Sent: Monday, October 14, 2013 2:54 PM
Subject: Re: BEER Group Read. 'irrational exuberance' p. 4


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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