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Brian sandra navidi, author of superhubs. Page 13 of your book, you write this, serial entrepreneur, super investor nick hanauer has cautioned his fellow zillionaires that the pitchforks are coming. Can you tell us whether you agree with that . Or why you think thats true . Sandra i think the pitchforks have been coming for a long time. I have been concerned since 2007, which is why i call my Company Beyond global because i thought we would see a huge backlash that would be global in nature and farreaching and actually result in a scaling back not just of the financial institutions, but of glo...

It is important for everyone to diversify their investments and spread it across different instruments

While I agree that everyone should invest in a better manner, Im more than a little sceptical about ‘misjudging scale, which is just a roundabout way of saying that people invested too much in a few assets. Isnt that just a way of saying that they should have diversified? Yes, of course, it is.

On the 25th anniversary of the failure of Long-Term Capital Management, we look back at the Federal Reserve’s role in its rescue, which ushered in the modern...

Even though LTCM failed 25 years ago, its ghost continues to linger and haunt financial policy. The lesson from LTCM's failure was that financial entities of all types and sizes could pose systemic risks