July 28, 2019 |
Brian Wang |
Paul Krugman wrote an opinion piece where he rants against future radical life extension. Krugman fears that it will only be available to billionaires. Krugman scenario is that Peter Thiel would still be alive, wealthy and healthy in 2067 when …
July 18, 2019 |
Brian Wang |
Chinese customers, who still mainly buy luxury items on overseas trips, buy more than a third of luxury sector sale. They and other Crazy Rich Asians have helped boost the shares of LVMH. Chinese consumers purchased $121 billion worth of …
June 28, 2019 |
Brian Wang |
John D Rockefeller created Standard Oil, which built up the modern oil and refining industry. Standard Oil created massive price advantages and scale beyond its competitors. It grew by increasing sales and through acquisitions. In 1868, the Lake Shore Railroad, …
February 26, 2019 |
Christina Wong |
NIO sells luxury electric SUVs in China for about US$60,000 each. NIO is at the intersection of several high growth markets in China. The high-growth markets are electric cars, luxury goods and a segment of very rich people. NIO provides …
February 15, 2019 |
Brian Wang |
Naval Ravikant (@naval) is the CEO and co-founder of AngelList. He has invested in more than 100 companies, including Uber, Twitter, Yammer, and many others. AngelList is a social media site whose mission is to connect startups with investors and …
January 23, 2019 |
Brian Wang |
Is it good or bad to have a country with billionaires? Is an economy better without billionaires? Is there less poverty or richer people when there are no billionaires? Representative Alexandria Ocasio-Cortez, D-N.Y. said it is immoral to allow billionaires …
December 18, 2018 |
Brian Wang |
There were some emails about my article about being able to feed 40 billion people with today’s agricultural productivity. Food, energy, water, and ecosystems are connected. The complexity of those systems is secondary. Why do people have large families? What …
November 12, 2018 |
Brian Wang |
In 2017, China’s purchase of luxury goods was equal to the USA and Japan combined. By 2024, China luxury goods purchases almost to the level of the USA, Europe and Japan combined. Consumers in China spent $118.39 billion on luxury …
