It is amazing how many - often sophisticated and highly intelligent - market professionals disregarded the warning signs. When meeting new people the old saying 'First impressions count' is more often than not correct. In the case of the Wunderkind Bankman-Fried my alarm bells went off the first moment I saw his photo in the media. Naturally one should not judge by outside appearance only, but at least one should take this always into consideration.
FTX collapse
How to control Tech Oligopolies
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A new effort has not be made to control the power of the FAANG oligopolies.
Similar to the Trust-busting period of the early 1900's. These firms
provide pr...
6 years ago