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Of course such markets have their limits.
In such markets, he said, "active managers tend to outperform".
"Nobody, even in 1995, believed that such markets existed.
Such markets often evolve into winner-take-all, "superstar" competitions.
"Only such markets can serve the real economy".
About 40 percent of sales come from such markets now.
At Microsoft and Google, many such markets have been tried, with substantial success.
Mr. Lieberman supports price caps as a temporary solution in such markets.
In general, such markets have been proving to be remarkably reliable.
Such markets suffered an outflow of almost $1tn of funds in the past year.
In such markets, a two-bedroom home can easily cost more than $1 million.
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