While appreciating the tranquility of the forest beside a stream, the wise and veteran samurai tells the young warrior: ‘If you sit by the river long enough, the bodies of your enemies will float by’ I’ve long wondered what this quote meant, but I think I’ve finally figured it out. It is a quote about … More Thoughts on the market selloff
In 2008, (most) people all around the world were caught up in a rude shock as they see one of the worst financial crisis crashed upon the shores of their countries. Equity markets everywhere crashed, millions of jobs disappeared and banks all around the world had to be bailed out by governments. Even the British Queen (Elizabeth … More Deleveraging crisis ahead?