Saturday, April 26, 2014

Tough Time For Momentum Investors


For example, if the CEO of Yelp, Jeremy Stoppelman, went on Shark Tank and asked Mr. Wonderful for a bridge loan, Mr. Wonderful would ask “how much money do you make?” Jeremy would reply “zero.” After hearing those words, Mr. Wonderful would say “you have a good website, but a bad business. It’s worth zero. I am out.”

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