Epstein Secrets

ause unemployment, especially long-term unemployment, is still unacceptably high. 'The boom, not the slump, is the time for austerity," John Maynard Keynes declared many years ago. Kurgman: He was right — all you have to do is look at Europe to see the disastrous effects of austerity on weak economies.

s, Italy is not as hobbled as some other euro countries. The Italian government has managed to shrink the budget deficit. Industrial companies like Ferrari, Benetton and Ducati continue to help Italy maintain the euro zone's second- largest manufacturing base after Germany. But it is businesses like Mr.

m to be very concerned about the skeptics and again are using money to buy back their overpriced stock...good luck to them. There's that famous Keynes saying about the market staying irrational longer than you stay solvent. From a process standpoint, what do you do to ensure you don't face real

I suspect we will continue to do so in the future. Just like our stock selection, we are focusing on quality over quantity. Fiat (BIT:FCA) and Ferrari (RACE) are two investments that you seem quite passionate about based on the material you shared. It seems a key part of the thesis is increment

the players know that it is the Old Maid which is circulating, or that when the music stops some of the players will find themselves unseated." 3M Keynes [Keynes 1936] The following is a brief review of current research and emerging ideas within the field of liquidity. This section is something of a

pening up at threshold levels of average income. That is why Coca Cola, a very cheap 'luxury', is marketed in almost every country in the world, but Ferrari, at the time of writing, appears to have only two dealerships in the whole of sub-Saharan Africa, unsurprisingly, in Cape Town and Johannesburg. R