American businesses aren’t making enough capital investments to secure the economy’s future. And, unless that changes, we’ll never see the sort of recovery that we’ve all been hoping for.
Category: Investments
How to Avoid Regretting Letting the Bull Escape
Psychologist Daniel Kahneman, who won the Nobel Prize in economics in 2002, likes to say that one of the keys to investing successfully is properly anticipating your regret.
University of California : Swapping For A Loss
The bankruptcy automatically terminated the swap. Under the contract, the university was required to pay a $25 million termination fee to the now-bankrupt bank.
But at that point, there was one upside. Interest rates were volatile, but had not yet plunged. The swap was not yet deep underwater. The university was out of a gamble that looked increasingly precarious.
And last but not least,
In a decision that is still not clear, university officials decided to find another bank to provide a swap with the same terms. Deutsche Bank agreed to pay the university $31 million to reissue the swap – which officials now estimate will produce $123 million in losses in coming years.
For the Love of Art, and Money
The latest auctions here demonstrated how buyers have now split into two main groups: Longer-term investors who hold to more traditional notions of collecting and who tend to focus on Impressionist, modern and classic contemporary works; and short-term speculators, known as “flippers,” who busy themselves with cut-and-run deals in the red-hot market for emerging artists.
Is Art Really a Good Investment ?
Art is, quite possibly, the least commoditised asset in the investment universe, offering the potential for great returns but also—as is rarely explained by its market proponents—subject to enormous risk.
