The “butterfly effect” isn’t difficult to understand. The phenomenon states that a change of circumstances in one region can disproportionately create a much greater change in another. Illustrating its proof through deriving academic formulas is possible but unnecessary. One need [...]
It seems hard to believe, but 3 years ago last month, famed investor Warren Buffett wrote a widely circulated editorial in the New York Times entitled “Buy American. I am.” The column discussed the chaotic crash in stock prices that [...]
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