Monday, July 29, 2013

Another Internet Bubble?

If you have lived through one or two asset class bubbles, any sign that any market you care about is experiencing superheated growth of asset prices will make you quite queasy. This Statista chart should have a cautionary effect. 

2013_07_29_Stocks

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Butterfly Effect: 100% Deterministic and Yet 0% Predictable

Maybe you have been puzzled by the butterfly effect , the idea that a tiny flap of a butterfly's wings in one part of the world can fund...