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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Ilaine who wrote (13645)1/18/2002 2:54:50 PM
From: elmatador   of 74559
 
Lots of new things are learned in a Boom.

1) They learned lots of new tricks during the oil boom years. Later those guys climbed the corporate ladder and used in Europe or the US the same tactics they used in Brazil, Nigeria or the Philippines.

2) Then came the Asian boom. The Asian boom taught novel tricks and they are applied.

3) Tech bubble boom has taught the guys new tricks. Be quite sure they will be applied when the next Abracadabra creates the new Boom.
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