Trying to spot the next Financial asset bubble is a full-time job for investment analysts or pundits. There's always something out there that looks overpriced.
However, bubble hunting is not an exact science. More often than not, the bubble calls are too early, or too late.
See also: Hidden Value Stocks by ValueWalk
So what how can you tell if you're looking at an asset bubble? UBS's Global Chief Economist Paul Donovan tries to answer this question in a research note published at the end of last week.
[buffett]
In the note, Donovan opines that there's no precise economic definition of what makes a financial asset price a bubble but in general, a bubble has four characteristics.
Searching For The Next Financial Asset Bubble
The...

