“It is difficult not to marvel at the imagination which was implicit in this gargantuan insanity. If there must be madness something may be said for having it on a heroic scale.” -- John Kenneth Galbraith
The essence of maximizing the internal rate of return (IRR) lies in the total amount of leverage contracted to finance a transaction.
The investment community needs to develop common standards to apply when conflicts like the Russia–Ukraine War break out.
The pitta bird is a rare sight in tropical forests, even to the trained eyes of birdwatchers. Yet there she was, perched on the window of my condo, in a busy metropolis.
Many pension funds are exploring allocations to cryptoassets. What does that mean for the future of trust in the financial services industry?
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