Wheels: Exotic Derivative
Article :
July 2008
When is a £24,000 Corvette not a Corvette? When it's a souped-up, 600-horsepower, 200-mph Callaway 'Vette. Let the senselessly risky road show begin.
> read more
Advice for How to Survive the Carnage
Article :
July 2008
In his typical witty tone, Wall Street’s favorite bond trader-turned-journalist Michael Lewis preaches how to leave your job at one of the Big Uglies, where to hide out once you’ve left, and how to act once you’ve accomplished the first two.
> read more
'It's Not Enough To Just Have A Ferrari Anymore'
Article :
July 2008
In the land of plentiful oil and fast, bank-breaking cars, how to outclass all the other millionaires and billionaires? But of course: the novelty license plate. The race, apparently, is on in the Persian Gulf – and nowhere so much as in Abu Dhabi.
> read more
Spur of the Moment
Article :
June/July 2008
The new Bentley Flying Spur is a serious car -- for men who like
to drive seriously fast.
> read more
Head Butler -- Books -- The Art of Racing in the Rain
Posting :
Jesse Kornbluth
:
06/06/2008
At a publishing party, I was chatting with a literary agent who's one of the titans of this troubled business.
"In the last year, can you name a new novel you couldn't put down?" I asked.
Long pause. He couldn't. Nor could I.
> read more
Meet Goldman’s $200 Oil Guy
Article :
May 2008
As oil prices hover near $140 a barrel for deliveries slated for 2016 – causing even the hardest-boiled energy-industry veterans to balk at what is now being called the steepest short-term oil leap in years – The New York Times boldly unmasks the so-called “green” Goldman analyst who first predicted the $200 watermark. And apparently, he’s taking the whole global fame thing in stride.
> read more
GAAP, Part II
Article :
April 2008
Last week, Long or Short Capital introduced the very novel idea of adding to the EBITDA model another way to number-crunch: EBE, or earnings before everything. But not content to walk away from this can of worms just yet, more ideas have since cropped up. May we introduce EBITDAGSAC? Right, it sounds dubious. But so did CDOs before they took off.
> read more
Fashion
Article :
April/May 2008
Whether you’re piloting your turboprop to Bimini or counting down the minutes to the ETA of your IPO, the aviation watch is a trusted capitalist tool. And when it comes to these sensational collector’s chronos, they’re also the height of fashion.
> read more
Road Show
Article :
April/May 2008
The 2009 XF is hailed as the vehicle that will save Jaguar. We took it to the streets of Monaco to see if this new issue is enough car to truly rescue a brand.
> read more
Blue Sky
Article :
April/May 2008
Behold the magical, multitasking, new and improved Next Generation Pilatus PC-12 turboprop.
> read more
Room Key
Article :
April/May 2008
The Taj Hotel Group, like what seems half of China and the Arabian Peninsula, has been on an American shopping spree of late.
> read more
Head Butler - Books: Eating To Live
Posting :
Jesse Kornbluth
:
04/04/2008
Food prices rose about 4% in 2007, and just as money starts getting tight for many Americans, food prices are expected to rise another 4% this year.
> read more
Watch List: Drive Time
Article :
April 2008
Make like the pace car at your next road show with these automotive watches.
> read more
Asset Sharing Classic And Supercars
Posting :
Fractional Life
:
02/26/2008
Fantasy garages. All car enthusiasts have them- 5, 10 maybe even 20 cars that if their Lotto numbers came up would be residing in a purpose built hermetically sealed garage.
> read more
How And Why The Fractional Marketplace Has Grown
Posting :
Fractional Life
:
02/19/2008
In my first column I referenced a couple of different terms, namely ‘asset-sharing’ and ‘fractional ownership’ but didn’t really go into any great detail about what each means and their differences which probably left a few of you slightly bemused but intrigued.
> read more
Sky Captains And World Of Tomorrow
Article :
February 2008
The Old Testament prophesied that the world’s takeover would begin with the skies. Okay, that is total malarkey. But it’s not going to stop us from getting excited about the Delta-Northwest merger-of-behemoths that, according to press snitches, just moved one step closer to fruition. Hopefully, this brings us one step closer to selling our now-gathering-dust idea for interstellar double-wide airplanes with swank bars, dance floors and sound-proof sleeping cars. Hey, it could happen.
> read more
Watch List
Article :
February/March 2008
Make like the pace car at your next road show with these automotive
watches.
> read more
Road Show
Article :
February/March 2008
Road Show
The 911 Carrera S is both Porsche’s finest roadster — and its most deeply flawed. We put a fearless financier behind its wheel and shot up California’s Highway 1 to see if that flaw would prove fatal By John Pearley Huffman
> read more
Shivering Their Timbers
Article :
February 2008
While The Wall Street Journal is still beating the credit crisis story to death (see today’s foreboding piece on the “widening array of financial-market problems”) we were heartened to see an unusual glimpse of levity within its pages: this amusing piece on how America's captains of industry are adopting, well, quite frankly, sailor talk in their efforts to describe the financial travails they’re weathering.
> read more
Head Butler - Books - The Unknown Terrorist By Richard Flanagan
Posting :
Jesse Kornbluth
:
01/18/2008
The most exciting thrillers I've read in the last few years --- Peter Temple's Identity Theory, Charles McCarry's The Tears of Autumn and now this nail-biter from Richard Flanagan --- all have politics at their center
> read more
Risky Business
Article :
January 2008
We have said it before and we will say it again: if you run a company, best not to participate in bribery, illicit sex and company-paid shopping sprees. Even if everyone else at your firm is doing it. Unfortunately, these guys clearly neglected to read our Web site.
> read more
Moody’s – For Real?
Article :
January 2008
The ratings agency says now it’s going to get really, really tough. Really. This time it means business. The latest plan on how it will soon be giving private-equity firms it deems a tad too aggressive the knee-shakes. Uh huh…we’ll believe it when we see it.
> read more
Road Show: Blowout Round
Article :
January 2008
Behold the 2008 luxury sedans — or how to go 150 mph without leaving the estate.
> read more
Buffett Bags A Biggie
Article :
December 2007
Okay, so we suspect the $4.5 billion Marmon investment clinched by Warren Buffett while you were out stuffing yourself with sweet potato pie over the holiday doesn't mean he’s strictly writing off the U.S. financial industry. But he certainly doesn’t think banks’ stocks have hit rock-bottom yet – or at least not enough to draw his ever-fleeting eye. As for the Pritzker clan, which is selling him his latest flavor of the week (hint: it’s not glamorous, but it’s very profitable) they’re offloading the family empire for what one might call the usual reason: 11 squabbling adult cousins grabbing at the Benjamins.
> read more
Bunker Spreckels: Surfing's Divine Prince of Decadence
Posting :
Jesse Kornbluth
:
12/21/2007
When it comes to books as gifts, I vote for anything about surfing.
> read more
Impatience Is A Virtue
Article :
November 2007
The genius that made Tom Perkins a venture-capital legend and the lessons he learned along the way can be seen through his latest, rather exotic, investment.
> read more
Problems At Cerberus Pluribus?
Article :
November 2007
After years of trying to get over its reputation for being a bully that was, perhaps, a little too quick with the brass knuckles, this private-equity heavyweight appears to be suffering a major setback in the form of a pesky, $4 billion deal that just won’t go away. How what was once a happy relationship quickly degenerated into a game of dodgem cars that likely won’t be rectified outside the courts. Can this marriage be saved?
> read more
Hang On to the Boss, but Ditch the Muscle Car
Article :
November/December 2007
> read more
Blowout Round
Article :
November/December 2007
Behold the 2008 luxury sedans — or how to go 150 mph without leaving the estate
> read more
Meet the 2007 Rainmakers
Article :
November/December 2007
With this year destined to go down as one of the most volatile in recent M&A history, a few select names weathered storms spectacularly well. When a deal needed to get done amid intensified shareholder activism and credit-market calamity, who got the call? We've sorted through hundreds of peer nominations to compile the most prestigious list in investment banking.
> read more
Tom Perkins’ Restless Vision
Article :
November/December 2007
The genius that made Tom Perkins a venture-capital legend and the lessons he learned along the way can be seen through his latest investment...
> read more
Back To Buyouts
Article :
October 2007
It’s deal time, baby. And, after a long and ennui-ridden drought, we’ve got a cavalcade of deals here for you today. And not piddly ones, either. First up, the one with the biggest price tag: $3.5 billion. A lot of money, to be sure. But we have a feeling some of you carry this kind of lumber in the trunks of your cars. (Confirmation of that by writing into Dealmaker Daily, btw, will get you our free valet service.)
> read more
Introduction
Posting :
Fractional Life
:
09/19/2007
Welcome to the first in a line of articles exploring the world of fractional ownership and asset sharing. To kick off allow me to introduce myself and take a little trip down memory lane explaining how I personally became involved in this area.
> read more
Abstaining From Fossil Fuels – And Sex
Article :
September 2007
A story of tree-huggers, do-gooders, sodbusters, cheap hawks and evangelicals. With a business edge. No, really.
> read more
36 Holes In…The Hamptons
Article :
September 2007
On Long Island's East End, the membership costs keep going up — but so do the reasons for paying them.
> read more
Best and Worst Deals of All Time?
Article :
September/October 2007
We've picked five of our historical favorites: five awesome, five abysmal. Sound off -- and submit your own nominees.
> read more
Abstaining From Fossil Fuels and Sex
Article :
September/October 2007
> read more
36 Holes In... The Hamptons
Article :
September/October 2007
On Long Island’s East End, the membership costs keep going up — but so do the reasons for paying them.
> read more
In The Club
Article :
August 2007
Velvet ropes part, locked doors open, manna falls from heaven and you are generally revered by the public when you drive a Supercar. I have now confirmed these earlier suspicions since having a Ferrari F360 Spider for a weekend courtesy of Manhattan Classic Car Club and RBC Capital Markets.
> read more
Deal Of Steel
Article :
August 2007
U.S. Steel will buy Stelco for $1.1 billion, at long last closing the steel power vacuum between Pittsburgh and, er, Hamilton, Ontario.
> read more
In the Club, part 2
Article :
August 2007
> read more
In the Club
Article :
August 2007
> read more
Toyota's Net Profit Rises 32% On Strong Sales, Weaker Yen
Article :
August 2007
Toyota Motor Corp. said Friday its net profit rose 32% in April-June from a year earlier, as robust sales in North America, Europe and other overseas markets and a weaker yen boosted its bottom line.
> read more
Another Sob Story
Article :
July 2007
A page one thumbsucker piece in The Wall Street Journal today points out labor’s hardships amid corporate buyouts – a good read, but possibly off the mark. The WSJ’s biggest rival, The Financial Times, did an exhaustive survey earlier this year showing pretty conclusively that labor generally benefits more often than not from a buyout.
> read more
Rolls’ Phantom: It’s Money, Baby
Article :
July 2007
Behold, a machine so magnificent, it moves the grown man to emit involuntary cries of “Superfly!” and “YO, that’s dope!” Not necessarily becoming when you’re all decked out in your brown-checked pants and white tube socks up to your knees.
> read more
CME’s Victory May Spark More Mergers
Article :
July 2007
The next main targets: NYMEX (which is ready, willing and able) and the ever-autonomous ICE (which will only go kicking, screaming and gouging its eyes out with paperclips). Let the games begin.
> read more
The Chrysler Deal: And The Opinions Roll In...
Article :
May 2007
In Greek mythology, Cerberus is a three-headed dog who guards the gates of hell. What does that have to do with anything?
> read more
It's Not The Cars' Fault
Article :
May 2007
It's easy to blame American cars for the weaknesses of all things automotive. But, sometimes those cars are merely scapegoats.
> read more
Detroit: Money City
Article :
April 2007
Detroit is known as the "Motor City," but take a closer look, and you'll see why "Money City" might be a more appropriate name. More and more, the auto industry - heavily based in Detroit - is being gobbled up by private equity firms.
> read more
Highlands High Life
Article :
May/June 2007
In the rugged northernmost reaches of Scotland lies a land of savory cuisine, one of the world’s most exclusive sporting clubs — and an unrivaled collection of spectacular links
By Ty Wenger
> read more
