Hints and tips:
...Read our obituary here and don’t miss this round-up of Munger in his own words....
...Investment laws — like returns and risks being commensurate — are not laws of physics....
...“We shouldn’t give up on DB because the average duration is still 15 years,” says Nigel Wilson, chief executive of L&G....
...L Gates....
...And that’s what this might be,” says Richard Sylla, emeritus professor of economics at New York University’s Stern School of Business....
...She talks joyfully of shared mealtimes with her mother at the same table in their Paris apartment where the designer pored over her projects. “It was a kind of home office,” she says....
...David Hollingworth, director at broker L&C Mortgages, says the Help to Buy equity loan — available in England, Scotland and Wales in various forms — has helped many people get on the ladder or make their...
...“There are no equivalent 100 per cent mortgages in the standard market,” says David Hollingworth of UK mortgage broker L&C....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...Richard Davies: The best advice is to beware of historical comparisons. We haven’t seen anything quite like this before....
...Deutsche Bank has hired Richard Robinson as a managing director and vice-chair of global industrials....
...He joins the firm’s Charleston office from the New York office of Skadden, Arps, Slate, Meagher & Flom, where he practised for 25 years....
...“Many people don’t come to ski now,” says Maixner....
...This aggressive mark down came in the form of ERVs -12% l-f-l and yields expanding +17bps....
...“We are waiting to see that we don’t rush back and increase infection,” says Sarah Henchoz, employment partner at law firm Allen & Overy in the UK....
...The law firm K&L Gates has hired Bonita Black as a partner in its corporate practice. She joins the firm’s Charlotte office from Dinsmore & Shohl....
...The group is backed by the private equity firm L Catterton, the US fund manager T Rowe Price and Bill Gates’ Cascade investment office....
...L-f-l rents down 27%: net rental income fell down to just £87.3m which represents a l-f-l fall of 27% (excluding premium outlets), as a result of covid and the reduced rent collection rate....
...Back to the crosswords The following people are winners of the Monday and Saturday puzzles Crossword 16,425: Bill Stewart, Leicester; R Harpur, Herefordshire; Martyn Abbott, Lincolnshire Polymath 1,065...
...Law firm K&L Gates hired Patrick Richards as a partner in its IP procurement and portfolio management practice. He joins from Richards Patent Law, the IP practice he founded in 2009....
...Molteni&C, molteni.it....
...For a flavour ban bill to become law, we will need (a) a Democratic sweep, (b) change to the filibuster process in the Senate, and (c)tobacco to be a high priority for Democrats, which it currently isn’t...
...He joins the London office from Gibson Dunn. K&L Gates has recruited Richard Hayes as a partner in its Sydney office. He joins from Hogan Lovells....
...Apart from negative l-f-l rental and value growth, we assume recapitalizations to an LTV of c.35% by 2021 lowering the EPS and NAV by c.49% and c.61%....
...On our new estimates, L’Oréal trades on an FY21E P/E of 32.6x, the highest premium versus the consumer staples sector for over 10 years....
International Edition