Sublime

Sure, profits can be made in healthy economies, but the biggest returns can be found where investors buy low and sell high: whether it’s decades of disinvestment or an acute disaster, the biggest profits are to be found amid rubble and ruin, not milk and honey.

Sam had handed Ryan his checkbook and told him to buy office space and as much worker housing as fast as possible without worrying about the cost. No man was ever so good at not worrying about the cost as Ryan. In a matter of weeks, he had snapped up between $250 and $300 million in real estate, including $153 million worth of condos in an

The commercial Brookwood, still the largest cemetery in Europe, occupied more than 350 acres of Surrey heathland, partly financed by selling off building plots on surrounding areas; it was famous for having two railway stations, to which bodies and mourners were conveyed – by first, second or third class – from a special terminus at Waterloo

J. S. Morgan’s core business was short-term trade finance, “discounting bills,” as it was called. Its primary customers were American cotton or iron merchants. They typically sold their goods on credit, taking back a piece of paper, or “bill of exchange,” which could be cashed at a specific bank such as Barings at some set future date. If a

A short-lived capital stock will manifest in accelerated depreciation and a fragile capital structure will incur an undue interest charge.

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