punditry

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Trade and invest wallpaper

Future Imperfect

In this intriguingly contrarian rework of the Thomas Friedman “hot and flat” motif, Gregg Easterbrook asserts that venture capitalists are no better than lottery players when it comes to choosing new technology companies. He reports that leading stock analysts outperform broad market-index funds only one-third of the time. He adds that the preeminent financial pundits break into two groups — Read More ›