The current crisis has taught us some valuable lessons. At its core, the crisis illustrates the need to disregard age-old principles. Unfortunately, creditors’ dogged adherence to some longstanding doctrines has led to misconceived policies, inflicting unnecessary pain on some without putting an end to the crisis. For some, the question of whether recovery will come soon enough is still up in the air.
In April 1966 lifelong Warren Buffett friend Carol Loomis wrote an article in Fortune magazine titled: "The Jones Nobody Keeps Up With". In the article she introduces Alfred Winslow Jones and Hedge Funds to Fortune readers. She explains that Jones’ 5 year historic IRR (internal rate return) of 33.56% is 7% higher than the best…
The Chinese Stock Exchange has been making headlines around the world as we head into 2016. Pedro Nueno, IESE Professor of Entrepreneurship and President of the China Europe International Business School (CEIBS), shares his thoughts on what’s causing the turbulence; and on what the outlook for China’s economy might be.
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