Ray Dalio, the founder and chairman of Bridgewater Associates, recently gave a TED talk on how to build a company where the best ideas win. In his presentation, he makes the case for using radical transparency and algorithmic decision-making to create an environment where employees can speak up and say what they really think. Dalio also […]
Day: 10 September 2017
Dempsey Hill Trims Stake In Convenience Retail
Dempsey Hill Asia Fund (Dempsey Hill) recently reduced its stake in HK-listed Convenience Retail Asia Ltd. (Convenience Retail). According to a filing submitted to the Hong Kong Stock Exchange on September 8th, 2017, the fund sold 2,492,000 shares on the exchange at an average price of HKD 3.70 per share on September 6th (total consideration […]
Lazard Reduces Stake In First Pacific
Lazard Asset Management LLC (Lazard) recently reduced their stake in HK-listed First Pacific Company Limited (First Pacific). According to a filing submitted to the Hong Kong Stock Exchange on September 7th, 2017, the firm sold 3,364,000 shares on the exchange at an average price of HKD 5.78 per share on September 1st (total consideration was ~US$2.5m). […]
Readings For The Week (10/9)
This week’s readings include Michael Pettis on some potential flaws in how China both calculates and reports GDP numbers, Evan Osnos on the risk of nuclear war with North Korea, George Monbiot on why Aung San Suu Kyi should have her Nobel Prize revoked, David Dodwell on the choke points in the world’s food supply […]