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Funky Business Talent Makes Capital Dance-2Ed-2002

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Citater

  • Bakhodir Akbarovhar citeretfor 7 år siden
    Walter Wriston, the former chairman of Citibank, was
    right: information about money is now more valuable than
    money itself.
  • Bakhodir Akbarovhar citeretfor 7 år siden
    In the funky village, however, change is a

    constant and instead of reducing uncertainty the emphasis

    will be on reducing friction
  • Bakhodir Akbarovhar citeretfor 7 år siden
    n an info desert – lack of

    information or asymmetrically distributed information – the

    seller knows things that the buyer does not have a clue

    about, like when you buy a used car – all prevent the reali-

    zation of market perfection. But in an info jungle, sooner or

    later, friction-free capitalism will happen.

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