"Ausbiz"
Why Square's Afterpay is no threat to Visa
The current market sell-off has many market participants running for cover and waiting till the “uncertainty clears.” Issues concerning the market are well-known – central bank tightening, high inflation, the Ukraine conflict, supply chain shortages and increasing concerns of a recession in 2023.
And in current markets, I am reminded of the timeless words of Benjamin Graham (the father of security analysis and Warren Buffet’s mentor) who made the clear distinction between investment and speculation.
