He had no prestige, no mouthpiece, and no people skills. What was he supposed to do, stand on the sidewalk with a sign saying, "The sky is falling?" He made a crapload of money seeing through the hype while everyone else thought the only way to make money was to ride the bubble even if they didn't believe in it. He set an excellent example. Next time, if there are more people like him, the bubble won't grow so far out of proportion with reality.