Goldman: Tech Is Not A Bubble.

Last summer, Howard Marks raised some eyebrows by variously suggesting that tech investors cannot truly see the future and by reiterating the idea that passive investing may have unintended consequences. That wouldn't be the first time anyone (including Marks) has expressed those ideas, but as is usually the case when one challenges conventional wisdom or otherwise pokes the groupthink hornet's nest, it brought out the tomato throwers. As a reminder, here are some of the key passages from Howa