Some people are rich long before they have money
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Once a year most of the worlds influential businessmen, politicians, investors and economists meet in Davos, Switzerland to discuss the current state of world economy. This yearly gathering is known as the World Economic Forum. To give you an idea of how high-level Davos is, you should know that in addition to presidents and prime […]
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“Never make predictions, especially about the future.” Casey Stengel One of the worst things you can do is to predict the future. Your predictions will almost always be wrong and you will look like a fool. Looking back – you have no idea how you couldn’t even predict the simplest of things. Regardless, here are […]
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Below is a graph of all the major stock market collapses in the 20th century – starting with the crash of 1929 and the Great Depression and finishing with the bursting of the .com bubble in 2000. The graph shows that the usual bottom of a bear market has been about 50% lower than the […]
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The last months have been the most hectic in financial markets for decades. A friend of mine sent me a picture depicting a tournament graph between the great financial institutions of the world. Which company will be still alive after the crisis is over? Who will win? Click for a larger image Stay up do […]
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