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2014: What Happened and What Did Not

Volatility is back. Just as many people were starting to think markets only ever move in one direction, the pendulum has swung the other way. Anxiety is a completely natural response to these events. Acting on those emotions, though, can end up doing us more harm than good.

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The Blue Ocean

In 2005, W. Chan Kim and Renée Maubourgne wrote The Blue Ocean Strategy, a business management book that sought to change how companies competed. Their main argument was that a company needed to move from the “red ocean,” where it is engaged in bloody and ruthless...

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