u/Background_Tough_146

IT is a fairy-dust industry. It doesn't have enough hard assets to retain its sky-high valuations during a downturn. Be careful when investing in companies that rely primarily on IP and labour for valuations rather than real, complex, physical infrastructure.

Quoting Mark Hanna from The Wolf of Wall Street: "It's fugayzi, fugazi. It's a whazy. It's a woozie. It's fairy dust. It doesn't exist. It's never landed. It is no matter. It's not on the elemental chart. It's not real."