move on to the next […] eager to see what they come up with next.

That’s a point I’m making in a lot of conversations lately : IMHO the bubble didn’t pop BECAUSE capital doesn’t know where to go next. Despite reports from big banks that there is a LOT of investment for not a lot of actual returns, people are still waiting on where to put that money next. Until there is such a place, they believe it’s still more beneficial to keep the bet on-going.