A History of Family Offices: “Today, thousands of family offices collectively invest an estimated $6 trillion in assets. With flexible long-term capital they can be active across markets and asset classes, becoming key investors particularly for smaller investment managers and deals. And yet most of them remain practically invisible.”
Atanu Dey on Dhan Vapasi: “Though simple, DV is an idea that can transform the lives of hundreds of millions of Indians and help them flourish. But it is very unlikely that it will ever be implemented. Those at the top of the political system will not allow it because DV severely restricts their power and wealth; those who are already comfortably off (say around 10 percent of Indians), don’t particularly feel the need to improve the system; the rest who are poor are too busy barely surviving to be able to afford to understand their rights and to fight for them. In short, the only constituency that could potentially be in favor of DV is extremely small: people who (1) have the time to understand why returning public wealth is important, and (2) do not have a vested interest in allowing the government to continue the loot of public wealth.” More and more.
Read: Before Your Memory Fades, by Toshikazu Kawaguchi. (Book 3 in the Before the Coffee Gets Cold Series.) “If you could go back (in time), who would you want to meet?”
