The oil price has skyrocketed over the past few months and the finger often points to Libya and claims of supply disruptions have dominated the press. However, are these claims grounded in fact or are we watching yet another sentiment driven bubble?
All cheap money did was get us into this mess in 2007. And now we're heading towards those same waters without a functional financial reform process. We must fix Dodd-Frank now, we cannot afford another Lehman Brothers.
Most investors would not consider having heart surgery performed by someone without stellar credentials. Yet, they entrust their life savings to "investment professionals" with no formal training in finance.
Investing in high-growth companies creates jobs while generating more wealth for investors. The formula has worked for the private venture capital investment community. Unfortunately, no such active community exists in black America.
You don't trust the securities industry. You can't forget it was these "investment gurus" who brought us to the brink of a worldwide depression. If they can't manage their own money, what qualifies them to manage yours?
We're now in the second Internet bubble, and the rules for making money are different in a bubble than in normal times. What are they, how do they differ and what can a startup do to take advantage of them?