When the euphoria of the current environment ends, cheap companies have the potential not only to limit downside risk but also to provide healthy returns when the market comes to its senses...
What’s the perfect visual metaphor I claimed to have for all of this: In Turkey, a large bear with a cardboard box stuck on its head managed to enter into a military base, and then to climb up to the top of a tall communications tower.
A critical review of the pros and cons inflation targeting will have to wait for the next crisis. It usually takes three crises before policymakers realize something is fundamentally wrong with their framework.
Iran has identified the perpetrators of an act of sabotage at Natanz nuclear facility in the central part of the country in July, according to a spokesperson for the Atomic Energy Organization of Iran...
Maezawa made his money like any poor capital allocator does; by finding a worse capital allocator. He sold his company Zozo Inc. to Yahoo Japan, a subsidiary of Softbank, last year.
