UBS and PwC’s recent report on billionaire wealth highlights some interesting trends about the global economy and global wealth. Billionaire wealth in mainland China is now second to only the United States, having grown by about 1146% from 2009 to 2020, compared to 170% in… Read More
This morning I got caught up on what’s happening with the coronavirus that emerged in Wuhan, China, but that is now spreading quickly across mainland China. It’s unsettling. As of Saturday, there were over 1,287 confirmed cases in mainland China and 41 deaths. Right now,… Read More
According to this recent Bloomberg article, the world is expected to add more than 3 billion people by 2100. At the same time, the global average fertility rate is dropping. In 1960, it was five live births per woman. As of 2017, it had dropped… Read More
Applications to American business schools, including MBA programs, have fallen for five straight years according to this recent WSJ article. Compared to last year, business school applications to US schools are down about 9.1%; whereas they have been rising in other parts of the world.… Read More
On Monday, Slate Asset Management announced a minority investment from Goldman Sachs Asset Management’s Petershill Program. This is great news, so here’s a copy of the full press release that went out. Toronto, August 19, 2019 – Slate Asset Management L.P. (Slate), a leading alternative… Read More
I’m in Savannah, Georgia right now. See above (iPhone) photo taken from River Street. My dad and I are road tripping from West Palm Beach to Toronto in order to bring his car back to the city. So why not check out a few, new,… Read More
Last week the Government of Canada filed a 2,100-page submission with the United Nation’s Commission on the Limits of the Continental Shelf. Under UN Convention on the Law of the Sea (UNCOLS), states with coastal territory have the exclusive rights to about 370 kilometers beyond… Read More
The Hyperloop space has a number of competing companies that are all trying to figure out how to move people (between cities) in low-pressure tubes at nearly the speed of sound (1,234.8 km/h). For what it’s worth, Virgin Hyperloop One, which was founded in 2014,… Read More
Bloomberg recently reported that Canada admitted 321,065 permanent residents last year. This is up 12% from 2017, where the country admitted 286,479. Last year was also the largest cohort since 1913 (the year before World War I), where the country admitted just over 400,000 people.… Read More
Sadly, Japan has one of the higher suicide rates in the world. According to the World Health Organization, the rate from 2000 to 2016 was about 18.5 deaths per 100,000. The only country in Asia with a higher rate is South Korea. They are at… Read More
