Steven Kim: 5 books

The markets of the world continue to merge into a single ball of complexity. The ties that bind stretch across national borders as well as asset classes.Amid the ferment, the opportunities in the marketplace can crop up in diverse forms in distant countries as well as nearby locales. The same...

In complex fields such as finance and economics, a common blunder involves a mix-up between the destination and the journey. The confusion is showcased by the hoopla during the financial crisis of 2008 in tandem with the debt crisis in Europe.Among the rash of muck-ups, one example was the...

Growth and prosperity are hallmarks of the modern culture. The folks bent on advancement run the gamut from the workman and entrepreneur to the executive and politician. For all the yearnings of progress, however, it’s hard to find anyone who goes about the business of advancement in a coherent...

The stock market can crash whether or not a bubble exists. An exemplar was the smackdown of 2011 which cropped up in sync with the long-range pattern of flops but otherwise without any good reason. The pointless breakdown had one positive outcome. Due to the confirmation of the running sequence...

Over the past few decades, hedge funds have played a growing role in causing or aggravating blowups in the capital markets as well as banking systems. The latest fiasco was the financial crisis of 2008, which ended up crippling the financial sector and slamming the real economy.The blowup gave...