Recent submissions

Comment · 6 years ago
I think it will be more like US/UK relationship. China had a good chance to be like US if they would have been politically liberal, though I don't think they would have been so well off economically since political instability is costly.

India's governance is a derivative of UK, so most likely just like UK with a 20 times bigger market.

Comment · 6 years ago
Private equity usually higher than 1 liquidation preference, and if they have participation rights then it is barely only 1x.
Comment · 6 years ago
thank you!
Comment · 6 years ago
Thanks! Just out of curiosity, do the gulf carriers keep PIA in high regard and have a friendly relationship or they are continuously trying to bring it down?

The whole "we have grounded people with fake license" sounds like someone knew about it previously, and they are conspiring against PIA. I don't think PIA would be aware of fake licenses and keep them as well? or it took them just a few weeks to find out people with fake licenses?

Comment · 6 years ago
Comment · 6 years ago
Well, that means UK does have a pretty amazing leverage to keep jobs in the country. I am one of the least politically aware person, but I have come to a conclusion that Brexit isn't going to be as good as it is being claimed by people who have voted for it. It's also not going to be as bad as people who voted against it claim to be.

As an outsider, for something as zero-sum as buying a home where supply is low, cost of waiting and indecision can be pretty high.

Comment · 6 years ago
oh dear, that was a bad rub in :P Yes, SF is always weird and complex to compare to other cities :-/
Comment · 6 years ago
I don't even have any counter arguments to make, you can speculate as much as you want, the home prices were suppose to drop drastically and I was waiting for it. They went up after the withdrawal agreement was signed :-/

I was under impression that whatever you just mentioned would have happened by now, but Nissan and Unilever are now moving to UK and all the speculations are going down the drain.

I have come to a conclusion that all the anti-brexit hysteria has been priced in, and indecisiveness is proving more costly as time goes by!

Comment · 6 years ago
Yeah, not just ROI, even within Unilever, no more unicorn colored toothpaste for kids or Daniel Craig co-branded deodrant for getting laid quickly, since the movie has been postponed. Recession brings a lot of conservatism in the big corporations, and when the new products aren't being launched, not much to advertise!
Comment · 6 years ago
Probably because the recession side effects are real, and advertisements are costly.
Comment · 6 years ago
Don't worry much about Brexit, I was quite worried about it myself and I lost the chance to buy a house at a cheaper price. Brexit is turning out to be quite positive for the UK, and the media claims that the companies will move out is backfiring and they are moving into the UK now.

I have lived in SF / Boston / London / Portland, and I think London has the bits of all. Comparing to the west coast, London has equal or better food culture, similar political vibe but much more diverse yet localized within the city, the hustle and bustle of living in a true city, the architectural beauty and most importantly quite nicely located with accessible sites of natural beauty within the UK and Europe.

I think the only thing that is negative about London vs SF is the weather :-/ Also, it's not a very friendly place to move at the start of your career, quite closed for newbies and an old boys club so that's a caveat.

Comment · 6 years ago
- A morning stroll through Hyde Park, by far the best health activity ever, especially in summer.

- Paddle boarding in Camden, one of my favorite summer activity while social distancing!

- Borough Market for food!

Comment · 6 years ago
London! I moved to SF from London, you get bit of everything! :)

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