Joel Greenblatt: How To Tell If A Business Is DeadRupert Hargreaves
One of the most significant challenges currently facing investors is disruption. Technology has accelerated the pace of disruption to speed that has made it more difficult than ever for investors to forecast the future and this disruption, coupled with the availability of capital, means that it has never been easier to start a disruptive business that can quickly erode an existing incumbent's moat.
A record amount of dry powder at private equity firms is helping fuel a boom in mergers and acquisitions for . . .
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