I'm not shocked. It reminds me a bit of the way some people talk about their personal investing. They'll talk about wins (often exaggerated) and leave out the travails and failures. Next think you know, your friend is telling you about their new day trading plan. :)

Unfortunately, the same thing is playing out here. Nobody likes being the guy that points out the gains are incremental when everyone is bragging about their 100x gains.

And everyone in the management side starts getting, understandably, afraid that their company will miss out on these magical gains.

It is all a recipe for wild overspending on the wrong things.