Daily Archives: September 16, 2014

Why asset bubbles are deadly

“…how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade? — US Fed Chair, Alan Greenspan, in a televised speech … Continue reading

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Formula E: world’s first electric car race

Team China was out of the game before they could even complete Round One. And the final lap wrapped up with a spectacular corner crash. The world’s very first Formula E race held in Beijing over the weekend was nothing … Continue reading

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No fortune too big to lose

Lessons can be learned from the fading fortunes of former billionaire Eike Batista: leverage cuts both ways, stocks that rise a lot are usually followed by equal and opposite moves. Hubris and blind optimism are financially toxic over time. Genius … Continue reading

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