Category Archives: Investment

To Save or Ruin Twitter

A decision that could fix Twitter or hasten its demise. This is not the first article to suggest that Twitter can generate some revenues by charging its users, but perhaps we can offer some new angles to the discussion. To begin, … Continue reading

Posted in 2016 Candidates, Business Strategy, Economy, Innovation, Investment, Stock Market, Twitter, United States, US Economy, Wall Street | Leave a comment

Passive Funds Are Just Free-Riding Active Funds

If you and your neighbor have the same income and expenses except that he rides the bus for free every day while you pay a fare, he will be richer than you. Until recently, this was obvious: the neighbor is … Continue reading

Posted in Economy, Innovation, Investment, Society, Stock Market, United States, US Economy, Wall Street | Leave a comment

Learning from Medellín with Alejandro Echeverri

“I think, if you want to write a new narrative at some specific moment in the story of a city, it is important that you have to feel the transformation and see the transformation. So the physical transformation is important … Continue reading

Posted in Cities, Colombia, Economy, Infrastructure, Innovation, Investment, Latin America, Medellin, Podcast, Society, Urban Planning, Urbanization | Leave a comment

Gold: The Barbarian Tries a Comeback

New doubts about the effectiveness of government are boosting the price of gold again. Last fall, around the time we updated our comment on the ratio of Gold to the S&P 500, the price of gold fell to a six-year low … Continue reading

Posted in Economy, Gold, Investment, US Economy | Leave a comment

The Way Forward for Hedge Funds – 2

In the first installment, I made a case that hedge funds can regain their popularity by reverting to their initial mandate which was to be hedged. I examine here how such a model hedge fund would have performed in the past … Continue reading

Posted in Economy, Hedge Funds, Innovation, Investment, Stock Market, United States, Wall Street | Leave a comment

The Way Forward for Hedge Funds – 1

Hedge funds should go back to hedging and also consider lower fees. Equity hedge funds are under tremendous pressure, having underperformed their benchmark in nearly every year since 2008. But can it really be true that the average equity hedge fund is no … Continue reading

Posted in Economy, Hedge Funds, Innovation, Investment, Stock Market, Taxation, United States, Wall Street | Leave a comment

Manhattan Ultra-Luxury ‘Battling the Serpent of Chaos’

The deceleration of China and resulting commodities crash have created a problem for developers of ultra luxury condominiums. The ancient Egyptians believed that the sky was a solid dome, the belly of the goddess Nut who arched her body from one side of the … Continue reading

Posted in China, Commodities, Economy, Investment, New York, Offshore, Real Estate, Society, US Economy | Leave a comment

Rise of the Rest: A Vision Deferred

Changing demographics and the commodities crash have slowed down the development of poorer countries. Perhaps it all started with a turn in China’s demographics. Demand growth for commodities has declined sharply from recent years and has resulted in a crash of global prices. Copper is … Continue reading

Posted in Brazil, BRIC countries, China, Churchill, Commodities, Demography, Economy, Education, Emerging Markets, India, Investment, Kenya, Mexico, Natural Resources, Nigeria, Oil, Pakistan, Philippines, Russia, Society, Tanzania | 1 Comment

In One Chart: Achieving the Demographic Dividend

The experience of China provides a useful policy template for countries with booming populations in south and southeast Asia and in sub-Saharan Africa. The Chinese boom showed that a growing working-age population combined with a declining fertility ratio can result in a large demographic dividend if certain conditions … Continue reading

Posted in Africa, BRIC countries, China, Demography, Economy, Education, Family Planning, India, Investment, Nigeria, Society, Sub-Saharan, Trade, Urbanization

How Many People Will Live in Africa in 2050 and 2100?

Large declines in fertility will depend on raising female literacy above 80%. Every few years, the United Nations Population Division releases demographic projections for the entire world and for every country, region and continent. Although the UN’s database is the most used source on demographics, … Continue reading

Posted in Africa, Analysis and Opinion, Asia, China, Demography, Economy, Education, Emerging Markets, Family Planning, India, Investment, Kenya, Niger, Nigeria, Sub-Saharan, Uganda, United Nations, Urbanization, World Bank