UNDERSTANDING ALTERNATIVE INVESTMENTS by STEPHEN TODD WALKER

Author:STEPHEN TODD WALKER
Language: eng
Format: epub
ISBN: 9781137370204
Publisher: Palgrave Macmillan
Published: 2014-10-02T04:00:00+00:00

SURFING IN A HURRICANE

The idea of investing in private equity in 2009 was about as attractive as surfing in a shark tank or throwing yourself off an ocean liner while strapped to an anchor. 2009 was Armageddon for investors. News articles during this time period were pessimistic, using words such as “triage, ailing, plunged, slump, or bad.” As one can plainly see in Figure 9.2, during 2008 and 2009, venture-backed IPOs were not too popular. Some even thought venture capital was over. However, Wave Theory tells us that this was precisely the best time to invest. Despite the negative media, Eric Lefkofsky seeded Groupon with $1 million in 2008, which might have appeared dubious considering the market collapse.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.