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Don’t Catch Falling Knives

blog.tomevslin.com » 2008 » October » 7th » Don’t Catch Falling Knives

Tagged: unscientific economics

During the collapse of the dot.com bubble, I believed that the stock of the company I'd founded, ITXC, was grossly undervalued; so I bought some both hoping to profit and also to calm the market by showing investors that I was willing to risk my own money in the stock – when CEOs buy it's public information. I may have calmed the market for about five minutes. Buybacks by cash-rich companies … Continue Reading »

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