Die Österreichische Schule: Tücken der Inflation

Swisscom Blockchain Academy – Starter Training – No. 4 The Academy: Be prepared for the decentralized Future Distributed Ledger Technologies are changing the way how businesses operate and interact with each other. We believe that […]

wallstreetexaminer.com / by John Del Vecchio • March 31, 2017

This is a syndicated repost courtesy of Economy and Markets. To view original, click here. Reposted with permission.

As the great New York Yankee Yogi Berra once said, “It’s like déjà vu all over again.”

That’s the way I feel about the markets.

I started my first hedge fund in 2002 to capitalize on what I thought would be the collapse of Internet and technology stocks. The sector dominated the market but lacked the revenues to support their valuations. Many stocks were overvalued by an infinite amount as their share value evaporated into dust.

That strategy worked out masterfully – if I may say so myself!

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