Capitalism created almost all the wealth we enjoy. In a world in which we have to compete with state-run giants like in China, that think on 50-year time horizons, quarterly capitalism simply doesn’t cut it…
Huge amount of capital flowing into the mega-cap tech stocks like Apple, Amazon, and Microsoft. Since the COVID crash, the NASDAQ quickly recovered and reached its old highs by June 2020…
Money market funds tend to invest in short-term government Treasury bills and corporate debt
These are just some of the high-profile first-generation wealth creators who’ve lost their wealth due to poor investments and/or lavish lifestyles…
You have a binary outcome in a world of financial repression. You can go full ‘risk-on’ and buy the most aggressive growth stocks and momentum plays…
Shrewd real estate investors look for properties they can buy for about eight-times gross rental income.
The market had a panic about the effect of inflationary pressures on commodity producers in particular.
Sotheby’s announced it had brokered a $1.8 million sale of Kanye West’s Nike Air Yeezy 1 sneakers with an Investor who is hoping to sell them to other ‘investors’ at even more lunatic prices…
In my view, at its core is a rotten monetary system. In our modern materialistic society, money defines everything. Even if you shun material wealth, money is still the denominator for your labour….
We are declaring a US$9 trillion war on viruses…on temperature changes…on recessions and stock market corrections…And the scum, muck, and toxic sludge gets deeper and deeper…