When “the next big thing” is identified—whether it is tulip bulbs, internet technologies, real estate or financial derivatives, market mania is not far behind. And while riding and making a mint from a bubble of “irrational exuberance” is possible, it’s also beneficial to know when to…
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Thursday, February 4, 2010
Wednesday, January 20, 2010
Marketing Lessons From The Collapse Of Lehman Brothers
For one hundred and fifty eight years, the investment bank Lehman Brothers survived multiple business cycles and even the Great Depression. However, critical miscalculations in its last few years of life ultimately proved catastrophic for not only Lehman Brothers, but the global economy as well. A…
Continue reading "Marketing Lessons From The Collapse Of Lehman Brothers"Tuesday, March 10, 2009
No Magic Beans, No Magic Formulas
Blame for the global financial crisis has been cast upon government leaders, bankers, home owners, and quantitative analysts. In fact, mathematical models and formulas such as Black Scholes, Gaussian Copula, and VAR have received particular attention as culprits in this financial mess.
And whil…
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