The tripartite nature of the bankrupt investor soul comprises; spurious correlations, recency and confirmation bias and value chasing. And you can’t find religion on Wall Street.
Global crowdfunding will double in 2015 to over $30 billion – thus far the market has grown from $6.1 billion raised in 2013, to $16.2 billion in 2014.
what some folks will see above is an ascending line that dates back to about the 1920s. That means that earnings have been rising for a long long time, with sporadic dips along the way that tend to shake-off the scaredy cats and let long-term investors buy things cheaper when the price drops.
With 16 companies already joining the not-so-exclusive unicorn club this year, 2015 could see the most billion-dollar club entrants ever.