Wall Street has a hot new old tool, the special purpose acquisition company, a.k.a. the SPAC. This is a public company that is nothing more than a pool of capital and set of advisors in search of a business to buy. It is supposedly a more efficient path for private companies to become public companies instead of the following the traditional IPO. At worst it is flawed solution to a flawed IPO...
For truth in the pandemic I’ve been following Dr. Eric Topol on Twitter. Last week he tweeted: Summary of the 5 Phase 3 vaccine trials. One theme: 100% protection from death and hospitalizations That is impressive! While the media is focused on all the troubles in quickly getting these vaccines into people’s arms, we need to realize the historic accomplishment of getting not just one...
In this episode, Geetha Tharmaratnam, Raj Kulasingam, Vivian Nwakah Christophe Viarnaud, and Luni Libes discuss alternative investment models in Africa.
For more details on these models, see California Capitalism or buy the book on Amazon.
If you took all the maize (corn) farms in the world and put them together, they’d not fit on the British Islands. Neither would rice or wheat. This fun YouTube video shows just how much space each crop takes up:
