Shamelessly I return to reading lists, one from McKinsey & Co. and the other from Harvard Business School. If you don’t know whether to thank me or hate me (“I haven’t finished the last books I bought and here comes an interesting list…”), I completely understand you.
Two quick notes from the same source (the Financial Times). The first is a Global Infrastructure report by McKinsey. The second is a lighter note, and I guess it had to happen someday: an activist fund manager is building up a stake in listed Private Equity specialists 3i.
We haven’t come to this classic by accident: the subject of inflation has been all over major magazines and newspapers recently. Warren Buffett pretty much defined the subject in his classic, 1977 article for Fortune Magazine called “How Inflation Swindles the Equity Investor”. It’s a must-read for any investor, preparation material for a number of finance programs around the world, and all-around common-sense knowledge that most people need.
The debate on the so-called “ideology of talent” isn’t as clear-cut as Financial Times guest columnist David Bolchover argued. There’s merit in pointing out how a blind “cult” of talent – or at least perceived talent – has led to inadequate incentive structures. However, blaming the financial crisis on this talent chase seems way over […]