> isn't the definition of a bubble that it pops quickly?
There is no consistent definition of a bubble. We have no fundamental reason current valuations have to collapse suddenly.
Is there any definition of bubble that doesn't involve popping? That's literally the metaphor.
> We have no fundamental reason current valuations have to collapse suddenly.
I would agree, but i think that is just saying that the current situation is potentially not a bubble. Which may be true. We will only find out after the fact.
> Is there any definition of bubble that doesn't involve popping?
I’ve seen it commonly used to refer to any period of high multiples.
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