Blame Game, Part III
from the this-time-it's-the-investors'-fault dept
There were a bunch of "who should we blame for the dot com bubble" articles a while back. Some of which Techdirt posted here. �We even had a poll. �Apparently, none of that answered the final question, because News.com is back with another article saying that individual investors should blame themselves for not being realistic. �To some extent, I agree. �I questioned why people threw so much money at businesses they didn't understant (that, in fact, no one understood). �However, I think that even the most skeptical individual investor - at some point realized he or she would be crazy not to put at least some money into the craze. �Everyone around them was seeing huge gains for no discernable reason. �Sure, it made no sense - but when every newspaper, magazine, TV show, expert, analyst, neighbor, friend, and co-worker is talking about how you should invest, I could understand why a few people missed out on doing their own research. �It's not an excuse, but I don't think it's fair to condemn them all.
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