Source: https://twitter.com/PlanMaestro/status/602491535578431490/photo/1
To follow up on this, I’ve had some suspicions on the recent spate of “Unicorns” (start-ups with billion dollar valuations). The following article highlights what can only be described “dubious and aggressive” when it comes to valuing start-ups.
2) Why foreign-listed companies are returning home on the back of China’s stock market surge (LINK)
Are the conditions for a bubble being set?
3) The Greatest Investment Book Ever Written (LINK)
This is a great piece on how investing is really similar to poker. It ties in with the video on why investing is like betting at a race track. I feel that there’s a big difference between games of pure luck, and games where skill prevails. Many successful investors like Warren Buffett or David Einhorn are often seen at poker or bridge tournaments.
4) Why Investing Is Like Betting at the Race Track ......