Raghavendra Rau, Sir Evelyn de Rothschild Professor of Finance at Cambridge Judge Business School, comments on a study he co-authored in 2000 that looked at internet-related company names – and parallels with “blockchain”-related company names today. Professor Rau commented: “What the dot-com paper shows is that reasoning goes away when you’re looking at a hot industry.”
Read the full article [cnbc.com]
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