The infographic explores how and why the price of oil has changed over time and how this have had a huge effect to our daily lives and on the global economy as a whole. The research we carried out showed that the fluctuating oil prices meant that Americans on average saved $1,100 per household when the oil prices decreased by 57% in a year. The graphic also explores whether cheaper oil encourages more people to buy a new car and how the tourism industry gets affected by the price of oil.
Oil Prices And The Fossil Fueled Economy
Infograhic source: vouchercloud
Seth Klarman: Investors Can No Longer Rely On Mean Reversion
"For most of the last century," Seth Klarman noted in his second-quarter letter to Baupost's investors, "a reasonable approach to assessing a company's future prospects was to expect mean reversion." He went on to explain that fluctuations in business performance were largely cyclical, and investors could profit from this buying low and selling high. Also Read More