“Irrational exuberance” is a Wall Street term frequently used to describe shareholders’ runaway enthusiasm when the market gets overheated.

It’s also a good way to describe what we’ve seen over the past week or two about Kon Knueppel, the Charlotte Hornets’ rookie forward. In almost record time, the one who has gone in almost record time from a selection at No. 4 that raised some eyebrows to an alleged shoo-in as Kia Rookie of the Year.

Some folks don’t even stop there, suggesting Knueppel will be the first rookie to make an All-Star team since Blake Griffin in the 2010-11 season. Or that he’ll eventually chase down in the record books the greatest 3-point shooter in league history.

To which there’s only one reasonable response: Whoa.

“He’s winning ROTY,” gushed Reggie Miller , NBC

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