Long story made short – fund managers from poor backgrounds make better fund managers than those from wealthy backgrounds. Which does make sense when you think about it not only in terms of drive and the will to succeed without a safety net but also a greater understanding of the need to husband resource. Abstract…Details
Two interesting snips from the Knight Frank Classic Car Edition
Wish I had thought of this.
Across the road from Happy Valley, 27 floors up, two Americans sat in a plush office, ignoring a live feed of the action that played mutely on a TV screen. The only sound was the hum of a dozen computers. Bill Benter and an associate named Paul Coladonato had their eyes fixed on a bank…Details