I thought Google was overpriced when it was $170 a share, and I shorted it. Lost... | Hacker News

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		mdemare on Oct 30, 2007 \| parent \| context \| favorite \| on: World's Scariest Stock: Google I thought Google was overpriced when it was $170 a share, and I shorted it. Lost me quite a bit of money. I was wrong, it wasn't overpriced then. It is overpriced now, but I've stopped speculating.

dpapathanasiou on Oct 31, 2007 [–]

As traders say (I think Keynes said it first):

"The market can stay irrational longer than you can stay solvent"

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