On the rare occasion that New Yorkers talk about farming, it’s usually something along the lines of what sort of organic kale to plant in the vanity garden at the second house in the Adirondacks. But on a recent afternoon, The Observer had a conversation of a different sort about agricultural pursuits with a hedge fund manager he’d Read More
NY venture capitalist Fred Wilson wrote a rather gloomy blog post this morning about the state of the tech industry.
Wilson thinks the mounting competition to fund early stage startups has led to a big decline in how carefully VCs are considering their investments.
In particular, I think the competition for “hot” deals is Read More
By 2020, everyone will be a billionaire, according to the National Inflation Association. You’d think they’d be happier about their prediction:
When our government creates inflation with the goal of generating higher incomes, the real incomes of Americans always decline dramatically. Inflation never creates wealth, but instead misallocates resources that would have went towards Read More
Dear Diary,
Pardon my French, but !@#$ gold! Jeez! I am so frustrated right now that I broke a five-day winning streak all because investors are starting to get freaked out. Just because the Federal Reserve hinted that it’s worried about deflation, people stop putting money in stocks and start clamoring for the shiny Read More
My standard holiday routine requires that I travel home to Canada each December. Upon my arrival in Montreal, my welcoming family has come to expect that shopping for gifts will rise to the top of my agenda. Buying presents north of the border has historically offered two benefits: Apart from an easier trip Read More
One of the questions on many minds today is whether inflation will hit in a meaningful way and, if so, what the impact will be on commercial real estate. If we do experience above-trend inflation, the impact on our real estate market will be significant.
Inflationary pressures have been relatively controlled recently as headline inflation Read More
