Negotiating rush-hour traffic, sitting in a car in the middle of an urban metropolis, can be one of the more frustrating experiences in life. But leave it to free market innovation to solve today’s modern problems. A new bus has been developed, the Transit Elevated Bus, or TEB-1, that drives over cars. The development doesn’t come from Silicon Valley or the heart of free market capitalism anywhere around the world though. It is the emerging economy of China that is bringing this innovation to the world. ValueWalk reported on the development last May. The “bus” that runs on tracks holds 300…
China Tests Straddle Bus Which Can Drive Over Cars
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.