Bull Runs, from GM Nigel Davies
When considering the impact of the computerization on the the world and its markets, with all the spin-offs and synergies that has entailed, it might be interesting to consider the extent of bull runs after other revolutionary developments.
Actually it seems that we don't have data to cover the 50 years following the discovery of fire or the invention of the wheel. But I would argue that going short in the periods following such developments was even less smart than usual.
- R#fco Notes: Victor's Statements on R#fco; Media Coverage.