Friday, July 6, 2012

New Bubble Metrics

Five years after the "dot.bomb" or Internet bubble, some would argue, investors already were at it again. Though many had suggested unprofitable technology companies with less than $100 million in revenue would not be able to "go public," that was happening.


By 2005, in other words, what had been "learned" in the aftermath of the Internet bubble were lost. In fact, some would argue matters are worse today, than in 2000 and 2001. 



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On the Use and Misuse of Principles, Theorems and Concepts

When financial commentators compile lists of "potential black swans," they misunderstand the concept. As explained by Taleb Nasim ...