Tag Archives: TAXI

Investor Vigilance: Uber And New York City Taxi Medallions!

NYC taxi medallions

In New York City the competition from yellow cab alternatives like Uber has eroded the value of taxi medallions! And, as with most ‘revolutionary’ ideas, the sudden change in the way the taxi industry does business has led to unintended consequences, this time in the investment arena. Using a loose analogy to the hand-held phone […]