Serious investment thinking that doesn’t take itself too seriously.
Hundreds of tonnes of gold - so much so that there is now something of a shortage in London - have made their way across the Atlantic to the US to get ahead of Trump tariffs. Something like 400 tonnes have gone to the Comex alone, never mind what's gone to the private vaults of HSBC, JP Morgan et...
He's a great economist, but he also changed how we talk about the subject. Don’t worry, Paul Krugman is still alive. But he’s retiring as a New York Times columnist, after...
In real estate, Impact Investing is a small but rapidly growing concept attracting socially-conscious investors. Ever since the Global Financial Crisis, the twin aims...
Among the complaints raised by British farmers parking their tractors in Whitehall to protest at the Chancellor’s plan to reduce APR (Agricultural Property Relief, the 100%...
Trying to understand the state of the UK listed commercial real estate investment market seems to get more complicated by the day. The most recent boom in UK commercial property...
An old doctrine of municipal control, embedded in a 100-year-old court case out of Ohio (Euclid v Ambler Realty) established separation of uses. That was perfectly fine in an era...
Comparing economies is an inexact science. Comparing the size of countries’ economies is a popular sport, and a lot of people are very invested in the outcomes of those...
Like all economies, the UK needs better infrastructure in order to function more efficiently. It also needs more infrastructure in order to provide more people with essential...
Trump, AVs, data centres, alternative sectors, distress, and more. As we look ahead to 2025, I’ll give the same caveat I gave last year: nobody can predict the...
It’s 2020 and YYY’s value-add fund is in acquisition mode. The target return is set at 13%, and the manager presents a deal; a three-year business plan with 60% leverage and a...