The bubble economy is usually easy and quick to transfer wealth, and people are happy to jump into bubble economy activities and enjoy the rapid growth of wealth. Smart investors have very sensitive instinct about bubbles, such as the areas where the wealth effects are apparent, often with beautiful women and a plethora of announcements, such as Blockchain, Bitcoin, Internet Finance.
In Times of Capital Mania, where long-term return is not so considered, short-term emotion dominates the transfer of wealth, long-term stable returns are likely to be social average efficiency, time makes the influential factors smooth, it takes much time and energy to sustain long-term burst, while the law of nature don't allow.
So speculators, who typically make lots money, put a lot of efforts into it at first, intentionally or unintentionally. Society always creates bubbles, which are the results of endless greed, and the explosive grow of things. New things quickly attract capital because people believe that the false exaggeration of creation overdraws future gains.
Getting rich means the social class crossing, while a lot of money made in short time usually, and if it take many years to make money means the experience accumulation, it's not the human nature. The society usually can't make excess profits for the aims of society merchanism are based on greater stability.
So the Victory is Out of the Ordinary. Sometimes, Enjoy the Bubbles and Pay Attention to the Risk.
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