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ARTICLE · 25 JANUARY 2023

Investing In Technology And The Midas List

AGPLAW | A.G. Paphitis & Co. LLC
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Midas was an ancient King who was cursed, so that whatever he would touch would literally turn to gold. Henceforth, in modern day language, a person that has the "Midas touch" is universally...

GlobalStrategy

For the sixth consecutive year, investors, gathered up to generate the updated so-called "Midas List".

Midas was an ancient King who was cursed, so that whatever he would touch would literally turn to gold. Henceforth, in modern day language, a person that has the "Midas touch" is universally acknowledged as being someone who is very successful, with great wit and intellect, and great entrepreneurial skills, so that whatever he touches "turns into gold", i.e. into a very lucrative venture.

Back to the Midas list, it looks like this winter investment in new technology dropped by 15 % which marked a significant drop, due to all of the following factors:

  • The Ukrainian war;

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