"Right. There was going to be a shortage of stocks again. In 1968, one of the major Wall Street houses published a great learned thesis on why there was a shortage of stocks developingm and why the bull market had to keep going up for years - right at the top. In 1987, you started hearing it all over again: "There is a shortage of stocks, because everyone is buying in all this stock."

-Jim Rogers, when asked about 'this time is different' complacency; 1989 interview (NYC)