Some live, some die
I take two weeks off from writing and nothing changes. Not sure if that is good or bad, but at least it is a bit amusing. Leading up to the holiday break, the papers (that is my blanket term for print and broadcast media) have been filled with stories of poor hedge fund performance, managers going out of business, and predications that the hedge fund industry as we know it, is over. Well, here we are a few days into the new year and, sure enough, the papers are once again filled with funds shutting down, investors questioning strategies and sprinkled with a couple of stories about massive new fund […]
Battle of the Towers: tallest vs priciest
The record for the world’s tallest tower is set to be broken yet again… The new skyscraper will measure one kilometre high and will be located in Saudi Arabia. The tower will outdo Gulf neighbour Dubai, which inaugurated its own record-breaking skyscraper the 828m Burj Khalifa less than two years ago. The Saudis awarded a more than $1 billion contract for a spire, to be named the Kingdom Tower. While it the Kingdom Tower will reign as the world’s tallest tower, in Yonsan, South Korea the world’s most expensive tower, the Yongsan Landmark Tower has just broken ground and is expected to be completed by 2016. It will cost the […]