Hong Kong, Credit Score History & Ben Franklin
Hong Kong’s Property Bubble Is Protest-Proof
Chronic undersupply and the prospect of lower interest rates are the steel bars that reinforce the city’s sky-high prices.
A brief history—and future—of credit scores
They can transform an economy. But they are only as robust as the data underlying them.
Could You Turn A Joke Into Millions Like Ben Franklin Did?
Ben Franklin’s lesson here clearly shows the reward for long-term planning.
THE MOST SENSELESS ENVIRONMENTAL CRIME OF THE 20TH CENTURY
Fifty years ago 180,000 whales disappeared from the oceans without a trace, and researchers are still trying to make sense of why. Inside the most irrational environmental crime of the century.
Discipline is Hard
But value investors have felt this kind of pain before, in the late 90’s. When internet stocks were trading at 600 times non-existent earnings, everyone thought Warren Buffett was a sucker. We all know they were wrong and that tech stock valuations returned to Earth during the Dot.com crash.