Hints and tips:
...On a more serious note, Maureen Tkacik has been doing good work all year on an undercovered and hugely important story: The Great US Healthcare Rollup....
...Ever since, the promise of eye-watering returns has enticed pension plans, endowments, insurance companies, private banks and business tycoons to pump $5tn into the industry....
...Macdonald, who specialises in smaller British companies, has a similar play with an investment in Ashtead Technology, a subsea equipment rental business, which serves both oil and gas, and offshore wind...
...Without change, shifting investor preferences could leave a company — even one as large as this — irrelevant....
...Business investment is likely to contract by more than overall GDP, as company spending on new projects is typically among the first areas to be cut during a downturn....
...team had created a rental business with economics like no other....
...On the future of private equity: “If you go back 5-10 years as a private equity lawyer, you were doing corporate carve-outs, secondary buyouts, portfolio company add-ons . . . now the slew of the transactions...
...Hooray, says JP Morgan Caz: [O]verall we see this as a reassuring message to the UK insurance industry....
...Over the past 54 years, shares in his company, Berkshire Hathaway, have outpaced the S&P 500 — a broad index of American stocks — by almost 2.5 million percentage points....
...Peter Zaffino, the former head of insurance broker Marsh, was hired last year as chief operating officer running the general insurance business....
...The luxury lifestyle does not come cheap: one-bedroom apartments are on the rental market for as much as $6,500 a month....
...From “activist investors” to investment banks, from management consultants to asset managers, from high-frequency traders to insurance companies, today, financiers dictate terms to American business, rather...
...“There are massive highs and lows when you are a start-up and it is great to have people in the same position to talk to and swap ideas with,” says Nicola Valentine, co-founder of PropertyPlot, a company...
...It’s a competitive business not ripe for disruption....
...Hosts such as Bill O’Reilly, Sean Hannity and Megyn Kelly refer disdainfully to the “mainstream media”, meaning outlets like the New York Times and NBC News — a club Roger Ailes, the channel’s chairman and...
...Makers and Takers: The Rise of Finance and the Fall of American Business, by Rana Foroohar, Crown Business, RRP$30 Finance is a good servant but a bad master....
...In a 2010 interview, newspaper O Globo described the businessman, now 71 years old and himself a former journalist and TV presenter, as “The owner of our football”....
...She now works as a freelance journalist specialising in business and development issues in Africa....
...Earlier last year Martin Sullivan, chief executive of the insurance group AIG when it became the biggest financial company to fail and be bailed out, was appointed chairman of a Lloyd’s of London underwriter...
...If getting caught means [there is] a whistleblower, then you just grind up that employee in the cost of doing business....
...Only one other lender has recently applied for FDIC insurance: the Community Bank of American Samoa....
...then a great empire, money has been an abstract idea as much as a physical object....
...Reshoring is causing great excitement in the US. Companies such as General Electric and Caterpillar have been touted as high-profile examples of the trend....
...And, as Andrew Smith pointed out: “The problem with price comparison sites is that Company A has probably just put up its prices and Company B is about to.”...
...The book has many flaws but anyone with an interest in the pharma business should read it. The Social Conquest of Earth , by Edward O....
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