October 2013

Chanel’s Wertheimer Family Seen With $19 Billion Fortune

By Tom Metcalf – Sep 24, 2013 Chanel designer Karl Lagerfeld, with his shock of white hair, black glasses and leather gloves, will be […]

Crocodile Bites Show Why Your Birkin Bag Is So Expensive

Crocodile-skin handbags can be to die for. Really. While Hermes International ScA may keep its supply of Birkin bags low to […]

The PC16: Identifying China’s Successors

By George Friedman, Stratfor, China has become a metaphor. It represents a certain phase of economic development, which is driven […]

The Habits of the World’s Smartest People (Infographic)

There is no one picture of intelligence, but many people with high IQs do tend to share some of the […]

Development finance institution

A development finance institution (DFI) is an alternative financial institution which includes microfinance institutions, community development financial institution and revolving […]

How Mohnish Pabrai Crushed The Market By 1100% Since 2000

By Phil DeMuth, Forbes, Mohnish Pabrai’s long-only equity fund has returned a cumulative 517% net to investors vs. 43% for the […]

How to Opt for Hassle –free Business Check Cashing

Do you have a small business and you are the owner of that business? If that is the case you […]

Wealthy Chinese seek U.S. surrogates for second child, green card

By Alexandra Harney | Reuters By Alexandra Harney (Reuters) – Wealthy Chinese are hiring American women to serve as surrogates for their children, […]

Foreign portfolio investment

In economics, foreign portfolio investment is the entry of funds into a country where foreigners make purchases in the country’s […]

How Alibaba Could Underprice Amazon, and Other Things You Should Know

By Danielle Kucera, Bloomberg, Here’s an SAT analogy test for you: Alibaba is to China as [blank] is to the […]