Serious investment thinking that doesn’t take itself too seriously.
Our professorial contributors illuminate the latest academic research in real estate and economic policy
The investor's conundrum. The first quarter of the 21st century has been a rough ride for financial markets and consequently for the investors that they serve. Is there any good reason to expect the rest of the century to be any smoother? Not so long ago, a claim could credibly be made that “Real...
On 11 May, the Bank’s Monetary Policy Committee raised Bank Rate to 4.5%, a level last observed in October 2008. Since November last year, the Bank has also been reversing its...
The consequences of cyclical lending and the need for a new prudent framework. I remember in the mid-to-late 1980s, when I was a relatively young, newly qualified valuation...
Golf is a sport enjoyed by millions of people each and every weekend. What’s more, many people enjoy playing in a litany of different formats: Sixes, Nassau, Vegas, and...
The following piece was created by the AI model “BabbleCPD,” prompted to create an article written by a grumpy old professor, out-of-touch with technology and society. Its chosen...
On June 22, 2023, Nobel Prize winner Harry Markowitz, PhD father of modern portfolio theory died at age 95. In 1952, Markowitz published a paper titled "Portfolio Selection" in...
If you read economic histories of the Soviet Union, you will find that what little “private” sector was allowed was in farming. Small private plots that accounted for 3 percent...
This discussion could be called “Real Estate Tokenization 2.0 or 3.0” parallel to the evolution we witnessed in the CMBS market some years ago. We remain in the PropTech era of...
Each year the Oxford English Dictionary chooses a word/phrase of the year which has emerged into the public consciousness and common usage. Last year it was “Goblin mode”. The...
If you believe the media hype, a storm awaits America. The US government will have to fight off neo-Nazi religious fanatics, massive climate change, financial armageddon, mass...