So long as predictions remain popular, and are so numerous as they are today – and so long as they receive notoriety through repetition in the press and on the radio – contrary opinions will increase in importance as thinking aids. “
May 28, 2019
For all the presumed sophistication of Wall Street investment banking firms, I have yet to see a mention of a simple financial law. The law states the faster a company grows, the harder it is to maintain the same percentage of growth. We now have dozens of “unicorn” companies (billion dollar valuations) ready to go public. Many are 10 ...