Roberto Cavalli Acquired by Dubai’s Damac

MILAN, Italy Roberto Cavalli has found its buyer. Vision Investment Co. LLC, an entity controlled by Hussain Sajwani the founder and chairman of Dubai-based real estate developer Damac has taken a controlling stake in the Italian brand, according to a report …
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Warren Buffett Explains the Black Monday of 1987 – GuruFocus.com

On Oct. 19, 1987, the Dow Jones Industrial Index fell over 22% in the course of one trading day, with all major stock markets around the world being affected. In his 1987 letter to shareholders of Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), Warren Buffett (…
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China’s yuan falls further – Business News – Castanet.net

BEIJING – China’s yuan has fallen further against the U.S. dollar amid fears about mounting economic damage from Beijing’s trade war with President Donald Trump.
The yuan declined to 7.0562 to the dollar in early trading Tuesday, a day after Beijing allowed …
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Quick Edit: SC verdict good for homebuyers

A home is on average the single largest investment an individual makes in India. This investment however is fraught with risk. Dodgy land titles to unscrupulous real estate developers make this investment hazardous. The Supreme Court yesterday took an importa…
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NewsWatch: Hedge-fund billionaire: Don’t miss out on this historic investment opportunity

Ray Dalio is a bigtime China bull, even as the trade war intensifies. See full story.
Instagrams purge of accounts cost this teenager his sole income of $4,000-a-month
I dont have another job as Instagram paid in one week what I would get in one month of an…
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Vancouver market no longer ‘highly vulnerable’ as price acceleration eases: CMHC – BNNBloomberg.ca

OTTAWA — The Canada Mortgage and Housing Corp. has lowered the vulnerability rating of Vancouver’s housing market to “moderate,” marking the first change in three years as prices have eased.
The federal agency says in a report that “evidence of price accele…
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Non-bank lenders attract wave of money, CMHC report on mortgages says – The Globe and Mail

Mortgage Investment Corporations have provided billions of dollars in new lending to Canadian home buyers since 2016 as tougher mortgage qualification rules have driven far more business to private lenders, according to a new report from Canadas national hous…
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Roberto Cavalli Acquired by Dubai Developer

Models at Roberto Cavalli’s Fall 2019 show. Photo: Andreas Rentz/Getty Images
Roberto Cavalli has a new owner. Amid financial troubles and without a creative director, the Italian house has been sold to Vision Investment Co., the investment company of Dubai-…
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Why do media companies struggle to produce anything of value?

Its the absolute best economy the United States has seen in decades, and yet, you wouldnt know it from looking at the employee rolls at major news and media outlets. Thousands of journalists have lost their jobs this year through restructurings and layoffs wh…
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Reserves

One of the unique things about early stage investing is the ability (and in my view, the need) to continue to invest in the companies for multiple rounds of investment.
Late stage, public market, private equity, real estate, and most other popular forms of i…
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