Emperor Drinks Fruit Juice

Hans Christian Andersen published The Emperor’s New Clothes in 1837 as a fairy tale for children. The story can now be recast for entrepreneurs and venture capitalists. San Francisco-based Juicero, after all, built an entire company around a $400 high-tech juice machine. But Bloomberg  More ►

Philippines Rings Cash Register in Gulf

Middle East investors are renewing their enthusiasm for the Philippines, in tandem with a state visit to the Gulf by President Duterte. One Manila-based official suggests that the tough-talking leader could bring home $650 million in investment commitments from Saudi Arabia, Bahrain, and Qatar. The number  More ►

Investors Eat Pastries for Breakfast

The Danish tastes great, we know that it is unhealthy, yet we still devour it. Any penalties are distant. That concept is called temporal discounting. It may be one reason why investors can be cavalier in committing to high-risk deal flow. Apply the notion to hedge funds, initial public offerings,  More ►

Dead Dictators Take Hong Kong

The pièce de résistance at Art Basel Hong Kong may have been an installation showing the life-like bodies of Lenin, Kim Il Sung, Mao, and Ho Chi Minh in plexiglass coffins. Castro was still in a hospital bed, but the artist claims the work will be updated. Globalists embraced the installation; political  More ►