Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

rise of Uber

Market Insanity

Should Avis Budget be Afraid of Uber?

For the first time; more business travelers listed ride-hailing apps such as Uber and Lyft than rental cars on their expense reports, accounting software firm Certify reported. Certify found that 43% of business travelers used networked transportation solutions; and only 40% rented a car in fourth quarter 2015, Bloomberg reported.

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