I lived through the dot-com bust. In Silicon Valley, there were scores of "technology parks" that were completely abandoned for years afterwards when the bust hit.

This is a company that can thrive in a Fed-fueled ZIRP economy that only goes up. If we don't dip into recession and keep growing for the next 15 years, this company will be genius.

But if there's ever a stumble in the road, it's also the type of company that immediately collapses on itself.

I also can't stress enough how detrimental Softbank has been and will be to Silicon Valley. They are dumping billions into companies that have no business being alive and if/when the econonmy collapses, it's going to be bad for the entire world. It's like preventing forest fires that clean up dead brush and instead sets up for a huge uncontrollable forest fire.

I'm personally trying to figure out how to protect myself, whether it's through buying US Treasuries, or gold or diversifying my cash in various currencies. But personally I don't think the fund is going to survive and there will be terrible repercussions from it.