Monday, May 26, 2008
TASE and NASDAQ are crestfallen and depressed, but my stocks are racing upwind. Except KOOR, which also today lost height. That is my worst mistake this year and I have no excuses. The background of the upwind racing yacht is the Sidney Harbour Bridge.
Israel is running fast in the world innovation race. Israel venture capital investments surpass China and India COMBINED. The U.S. leads by far in all parameters concerning high-tech venture capital investments: $6.835 billion and 603 deals in the first quarter of the year. European numbers were $1.53 billion and 180 deals.