1. Financiers on the Couch
... of people in the early Twenties regarding radio. It might as well characterise the internet guru's outlooks until 2000. Even professional analysts went with the crowd and set ratings for dot.com shares unreasonably high. Some even claimed that the rules of business cycle were not valid any more - and they were wrong as we know today. Had investors considered 1929 ... and selling the same shares. Most people tend to be rather risk-averse, but there are investors that prefer risky financial instruments. Derivatives were traded in high volumes during the dot.com-hype. Even individuals who ...
- Word Count: 2622
- Approx Pages: 10
- Grade Level: High School