Do you subscribe to the greater fool theory of investing? That would be buying a stock at a certain price without knowing about the fundamental or technical attributes, then realizing that it’s going to tank. You promptly sell the stock to someone else believing this person to be the greater fool. It’s all about strategies, […]
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The carry trade is all about borrowing short-term in a weak currency and investing long term in a stronger one. The stronger currency will generally be noted by rising interest rates. The funding is short-term where the rates are apt to be lower, and the investing is long term where the rates are out near
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It should come as no surprise that railroads played a crucial part of the economic growth of the western United States, especially in the second half of the nineteenth century and the first half of the twentieth. Railroads carried passengers, cargo, and mail, back and forth from midwestern departure points to the west coast. The
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Although about 70% of the earth’s surface is covered with water, most of it is unusable in its current state. The Earth’s inhabitants must rely upon about 0.75% of all earth’s water for sustenance. Usable water is eternally recyclable is it goes from seawater to freshwater to irrigation usage to cleansing solvent to sewage removal
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