We checked into a hotel in Montréal last night and I discovered this room service robot sitting next to the elevators. I have been told that if you ask it nicely, it will deliver champagne to your room. But I have yet to confirm this… Read More
Monthly archives of “December 2022”
Warren Buffet doesn’t like crypto and streetcars
I have a great deal of respect for Warren Buffet. Much of what I know (or think I know) about investing has come from listening to and watching him and his partner Charlie Munger. Surely they have got to be the most successful investors living… Read More
Agenda-setting headlines
I am so tired of sensational headlines: The Ontario Line will zip across the core and up to Eglinton, easing gridlock and alleviating TTC misery. It will also plow through peaceful Toronto neighbourhoods, displacing homes, businesses and everything in its path. I know exactly what… Read More
A real estate sea change
Earlier this month, Howard Marks published a memo called “Sea Change“, where he argued, among other things, that it is “nearly impossible to overstate the influence of declining [interest] rates over the last four decades.” In fact, he goes on to say that he would… Read More
Building better cities — one floating pool at a time
This is one of my Christmas gifts. And it is, of course, exactly the sort of thing that gets me excited. Thank you Bianca. You clearly know me. I am endlessly fascinated by cities. I keep a running list of places I want to explore… Read More
Twitter just censored my tweet about this Eiffel Tower replica
This morning, I came across an FT article talking about how mainland Chinese people are right now flocking to Macau to receive western mRNA vaccines. Apparently the Special Administrative Region has a single hospital offering the western varietals to “tourists”, and lots of people now… Read More
Climate lessons from 16th century England
We don’t like coal today, but it certainly transformed Victorian-era architecture: “It is the biggest transition in the history of our species, with the possible exception of starting to use fire at all in the first place,” says Barnabas Calder, author of the groundbreaking study… Read More
Merry Christmas from Toronto
What happened in 2022 and how I did on my predictions
It has become tradition around here that at the end of each year I write down my predictions for the following one. And in 2022, I did that here. The overarching point of writing something like this down publicly is not necessarily to be right… Read More
Upsizing in Hong Kong
It is well known that Hong Kong has some of the most unaffordable housing in the world and that one response to this has been to build increasingly smaller homes — some with the moniker of “nano apartments.” But then earlier this year Beijing decided… Read More