Tag Archives: illiquidity

The good in gating.

  The wonder of the gating of the Woodford Equity Income Fund is that it happened in peacetime. There is no financial storm, the crisis is as random of the fall of Icarus in Breughel’s famous painting. There’s no doubt … Continue reading

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Is CDC “Flat World” – or “Flat Earth”?

The World Is Flat: A Brief History of the Twenty-first Century is an international best-selling book by Thomas L. Friedman that analyzes globalization The Flat Earth model is an archaic conception of Earth’s shape as a plane or disk. Many … Continue reading

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