Tech Bubble Bursting?
Moneylife Digital Team 06 May 2016
Prem Watsa, chairman and chief executive of Fairfax Financial Holdings, is known as the Warren Buffett of Canada. He has just issued the annual letter to his shareholders which discusses a variety of current issues including private high-tech companies such as Uber, Dropbox, Airbnb and so on. These companies command huge valuations but are not making any money. Those that are valued at more...
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