CNN's John Defterios talks about the role of momentum in economic theory. He says it was once thought that if you doubled tax rates, people would change their behavior. Now he thinks other things are never unchanged by an action or a crisis. The key is to look at what happened before and not just how it will happen this time.
In this episode of Infinite Loops we speak with Dan Rasmussen, founder and CIO of Verdad Advisers. We discuss:
- Bubbles vs. Crises
- Investing in Emerging Markets
- Identifying when "value investing" works, and when it doesn't
- Theory vs. Practice
- And a LOT more!
Follow Dan on Twitter at
https://twitter.com/verdadcap and learn more about Verdad Advisers here:
https://verdadcap.com/