Joe Average

Articles by Joe Average

The expression “Irrational exuberance” was originated by Alan Greenspan to describe a runaway stock market, and was made famous by Prof. Robert Schiller in his bestselling book. Now it seems we have a new expression... “Irrational...
Carlo "Charles" Ponzi (1882-1949) Born in Parma, Italy, Ponzi immigrated to America in 1903 and was quick to show his entrepreneurial flair.
“Cassandra cried and cursed the unhappy hour, Foretold our fate, but, by the god’s decree, All heard, and no one believed the prophecy.” (Aeneid 2.323, Dryden Translation).
78 percent of the yearly gold supply--is made into jewelry.