A research report from business school professors at Imperial College, Columbia and U of Maryland found that wealthy investors get returns on bonds and stocks that are "up to 70 per cent times greater returns on their investments than those with modest wealth." This is a point that Piketty makes strongly, backing it up by analyzing data from the Harvard endowment, which gets 10% returns on its ~$80B nest-egg, while the rest of us barely clear inflation with our savings.
Brooks Brothers is the latest casualty of the Covid pandemic, filing for bankruptcy protection in New York today. The upscale clothiers, one of the last to make garments in the… READ THE REST
I'm looking forward to interviewing Yuko Kaifu, president of JAPAN HOUSE Los Angeles, for a live streaming event on July 17 about virtual meetings and how the rest of the… READ THE REST
On Thursday, Tesla denied media reports that it fired employees who chose to stay at home during the coronavirus pandemic, rather than expose themselves to possible infection at Elon Musk's… READ THE REST
Dessert cheesecake wafer bear claw fruitcake. Fruitcake chupa chups donut candy canes marzipan. Apple pie sweet roll tart chocolate cake macaroon marshmallow carrot cake gummi bears sweet. Pastry sugar plum… READ THE REST
We all know vital information about ourselves and our private digital accounts can be compromised by cybercriminals. However, many would be frightened to know just how compromised they and their… READ THE REST
While mosquitoes have certainly earned their title as the deadliest animal on earth, their impact on most of our lives is usually a lot less consequential. But even though they… READ THE REST
