Fraudster alert: 10 ways investors can avoid being duped
History is ripe with hucksters. Investors were reminded of this again this month when stock market darling Gowex declared bankruptcy. It turns out the Spanish Wi-Fi provider’s fast growth and profitability were not only unbelievable, they were likely nonexistent.
The leopard and his spots: Deception in emerging markets
In a recent National Geographic article, paleontologists reported the discovery of a new fossil. The 126 million year old creature was given the name Cretophasmomima melanogramma which sounds slightly more exotic than its meaning: ancient black-lined stick insect.
Made in Detroit: Seeing value where others do not
A scrappy, twenty-something-year old from Detroit, Andy Didorosi does not fit into the typical image of American capitalism. Wearing neither a Wall Street power suit nor the dark-rimmed glasses and plaid shirt typical of a Silicon Valley startup, Andy is,...
The danger in a single story
In the months since the news of the crisis in Ukraine first broke, media outlets have followed a conflict that has gone from an internal matter to one that is international in scope. Not only are Russia and the U.S.
The date was November 9, 1989. George Bush Sr. sat in the oval office, a host of senior intelligence officers before him. These officers were in the midst of explaining to the President why the Berlin Wall was most certainly...
The mountains we climb: Failure and the pursuit of the extraordinary
It was pitch black and a frigid -30 degrees when we began our descent. What meagre light we had came from beat up headlamps and the muted glow of stars.