As Howard Marks brilliantly puts this across in his recent newsletter,“The more you want to garner potential gains and don’t mind mark-to-market losses, the more you should invest here. On the other hand, the more you care about protecting against interim markdowns and are able to live with missing opportunities for profit, the less you should invest.” … [Read more...] about Equity investment – should we invest all at once or in a staggered manner?
Vietnam real estate investment
Some economists have equated MFFP to the quantitative easing (QE) practiced by central banks. Well, the flow of funds may be the same but the mechanisms are different. In traditional QE, the governments continue to finance their expenditure via issuance of bonds. The central banks then buy these bonds under QE and give funds to the banks who channel the funds to the economy. The QE has often been criticized for being for Wall Street whereas MFFP is more like a People’s QE with funds flowing to Main Street. In traditional QE, the concerns over excessive debt and higher taxation in future remain. … [Read more...] about The Money Helicopters are on their way
To start with, the threat of these frontline workers catching the virus is being addressed. The government has contracted three firms to produce medical equipment at a rate of 20,000 pieces per week. Second, other public facilities are used to treat patients. In Kerala, like in the US, medical colleges and hostels are turning themselves into hospitals to reach a wider number of patients and assist with more number of beds. In Mumbai too, several private hospitals have been converted into quarantine centres. … [Read more...] about COVID-19 | Importance of street-level bureaucracy to fight the pandemic
A new method of shopping is taking over Chinese e-commerce airwaves. Live stream shopping has become a dominant source of revenue in China. According to an Internet Trends report by Kleiner Perkins, live broadcasts are the number one source of revenue per hour in China, ahead of radio, videos, mobile games, music and television. … [Read more...] about Coronavirus pandemic | Livestream shopping sees a surge in China