Market Mad House

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

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Is George Soros Right about Overstock.com?

The whole tZERO proposition might make sense if Overstock.com were actually making money. Stockrow.com data indicates the company is losing money right now.
tZERO is described as an effort to build a “front-end trading system” designed to reduce settlement costs and make auditing easier. The company is trying to build a distributed-ledger platform marketplace for accounts receivable; which would be lucrative if it works.

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