... hen, must we relearn a difficult lesson over and over? Contrary to popular belief, the persistent allure of Ponzi schemes reflects not just greed and gullibility but also a simple fact: like such sche ...More
EJ Insight2022-11-29
... novation. Well, they waited, and with the FTX crash, we must hope that they saw. But what will they conclude? The most likely path is to improve regulation of the centralized exchanges – the firms tha ...More
EJ Insight2022-11-28
... ee days a week. Ironically, although walking is a good exercise, most Hong Kong people are not very willing to walk. A green organisation has interviewed about 500 Hong Kong citizens every year since ...More
EJ Insight2022-11-28
... 上持有大量港元短倉(We have a large notional short position again ...全文
... ears – as well as been through the very process myself qua applicant and student at Oxford, here are a few thoughts: First, the interview process is not about regurgitating others’ views or citing the ...More
EJ Insight2022-11-25
... . But, as we show in a new research paper, withdrawing from these value chains would not be nearly as easy as one might assume. For decades, the world pursued rapid and comprehensive economic integrat ...More
EJ Insight2022-11-24
... ,000 followers. The next hack took place on May 10, 2019. This time, all of the content on Meydan TV’s Russian-language Facebook page was removed, along with two weeks’ worth of content on the site’s ...More
EJ Insight2022-11-24
To undertake tasks for which one may not be viewed as sufficiently equipped. To be asked to step up to challenges that are above one’s “pay grade”, “age range”, and out of one’s comfort zone. These th ...More
EJ Insight2022-11-24
... 到投資者的信中提到「We are in the business of taking risk」,部分投資會有 ...全文
Thanks to the FIFA World Cup 2022, we would be able to watch the matches from as early as 6pm to as late as 3am, a much-needed entertainment during the pandemic. The Qatar tournament provided a boost ...More
EJ Insight2022-11-23
Two days after the midterm elections in the United States, the Financial Times reported that US inflation has slowed, markets are “giddy,” and the Federal Reserve may now ease up on its interest-rate ...More
EJ Insight2022-11-23
We have shown how inflation has helped earnings outpace margin expansions over the past 1.5 years. This process has started to reverse. With margins starting to decline from record highs, disinflation ...More
EJ Insight2022-11-23
Looking toward the balance of 2022, one thing is clear: we are not out of the woods yet. Both the global economy and global investment markets continue to be waylaid by familiar risks. That does not m ...More
EJ Insight2022-11-22
The 22nd World Cup is under way, but who at the beginning of this century would have thought it might be hosted by tiny Qatar? Yet here we are, and the only surprise is that it doesn’t feel all that s ...More
EJ Insight2022-11-22
... him more. We are familiar with tokens, and many recreational parks have already used tokens in their operations. In the VA context, there are many benefits of tokenised financing, such as low transact ...More
EJ Insight2022-11-21
At the G20 meeting in Bali, President Xi Jinping met leaders of four European countries – but not new British Prime Minister Rishi Sunak. The meeting would have been the first face-to-face between the ...More
EJ Insight2022-11-21
... ecome endowed with this status? That, too, is often shrouded in a cloak of mystery. Nowadays in England and Wales it is a fairly open mechanism involving an over lengthy application, sponsorship by ju ...More
EJ Insight2022-11-21
“We will need to be extremely hardcore. This will mean ...全文
... e extreme weather, and all the other costly effects of burning fossil fuels. Ever since COP15 in Copenhagen in 2009, a key figure in this debate has been “$100 billion.” That is how much the world’s a ...More
EJ Insight2022-11-18