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Financial Markets are a Psychological Phenomenon

Coaching Tip

Watch this 2-minute video from 2011 where Robert Prechter talks about his developing theory on finance with Douglass Lodmell for The Mind Of Money series. Since then, Bob has been hard at work on his new book about his now fully developed theory on finance (scheduled for completion in 2016). By Elliott Wave International.

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Wall Street Jobs Won’t Be Spared from Automation

Harvard Business Review

.” His concern was that automation of the finance industry would hollow out jobs in that field in the same way that robotics and other technologies have reduced manufacturing employment. Key aspects of the finance industry have already been automated to a substantial degree. According to data from research firm Coalition Ltd.,

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Does Silicon Valley Still Care About Climate Change?

Harvard Business Review

VC investment in cleantech “has declined sharply since 2011” according to a new analysis by the Brookings Institution. cleantech innovation declined from 2014 to 2016, as measured by patents. In 2011, cleantech represented nearly 17% of total U.S. VC investment; in 2016 it was under 8%.

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What Big Companies Can Learn from the Success of the Unicorns

Harvard Business Review

As of February 2016, the top 10 unicorns for market capitalization are: Uber, Xiaomi, Airbnb, Palantir, Meituan-Dianping, Snapchat, Didi Kuaidi, Flipkart, and SpaceX. A complete list of unicorns is published by The Wall Street Journal; as of February 2016, it includes a total of 146 companies. Financed by VC firms.

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Doing Business in a Post-Fidel Cuba

Harvard Business Review

President Obama’s historic visit to Cuba in March 2016 drove excitement for businesses considering the market that the island could become. In April 2016, Cuba held its Seventh Communist Party Congress. At the last Congress, in 2011, Raul Castro had announced plans to introduce new market reforms and attract foreign investment.

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Private Equity Can Make Firms More Innovative

Harvard Business Review

Suffice it to say that a 2016 Mitt Romney campaign isn’t being championed on Wall Street. Startups, on the other hand, aren’t debt financed, because they’re too risky and unproven, and have no assets—not so appealing to lenders. Maybe you remember how savagely the industry was portrayed during the 2012 U.S.

LBO 8
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How Investors React When Companies Announce They’re Moving to a SaaS Business Model

Harvard Business Review

Yet by April 2016 Adobe’s stock price had nearly tripled from its value four years earlier. For example, Adobe’s finance team estimated that the cost of running both models side by side would cost them twice as much as simply offering one of the models. On April 23, 2012, Adobe Inc.