Private equity has long been considered a form of alternative investments that is able to generate superior returns compared to the traditional public equities asset class. It is not uncommom to see top-quantile funds delivering mid-teens to mid-twenties annualized returns, … Continue reading Publicly-traded Private Equity Funds
Recent success of many Chinese companies worth our attentions: Oppo and Vivo gaining top 3 positions in the market, Momo tripling its revenue in the latest quarter, and Netease seeing strong momentum in their mobile games businesses. From them, we … Continue reading Divergence
Most economists agree that deflation hurts the economy. They believe that deflation increases the real value of debt and decreases the income of producers, which can lead to their insolvency. Also, deflation increases the real value of cash, and so people will hold cash … Continue reading Is Deflation Really a Bad Thing for the Economy?