Finding the Next Bubble

Following dot com failures, oil and corn, investors are asking themselves where they can jump on the next bubble. Matthew Lynn writes for Bloomberg:

One thing we know for sure about today’s global economy is that there is always an investment bubble somewhere. If you get in early enough, you can make a fortune riding the boom.    

Investors are quick to spot a perceive trend. They pile on in swarms, weighing down the possibility of the trend becoming a success before jumping on to something else. Lynn argues the next bubble could appear in five segments, and none of which are particularly surprising.

• Automobile industry
• Old Europe
• The United States Dollar
• Stockbroking
• Private islands

Lynn adds by reminding us that while many companies fail to generate much of a revenue in these bubbles, few actually move to become incredibly profitable.