Uber hits the skies
Uber has reached an exclusive partnership agreement with Hélipass to offer flight reservations between the Nice-Côte d’Azur airport and Cannes at 160 euros a pop. According to French channel BFMTV, this first-of-its-kind service in France will be tested out during the Cannes Film Festival, which runs May 13-24. THE UBER FOR PRIVATE JETS HAS LANDED […]
Exchange virtual money
New York’s powerful banking regulator announced Thursday its first license for a Bitcoin exchange, extending its influence over the growing but little-regulated virtual currency industry. New York City-based itBit Trust Co. was the first company dealing in so-called crypto-currency to receive a trust license from the state Department of Financial Services (DFS). ItBit immediately announced […]
Four Season in the sky by 2016
Four Seasons has just revealed its completed private jet that it announced last year. This Boeing 757, equipped with a Rolls Royce motor, has seats for 52 passengers and has been luxuriously customized by a host of designers. The reclining white leather seats were handcrafted by Italian VIP aircraft seating manufacturer Iacobucci. The blankets are […]
We might be at the top! Or just stupid…
I hate to say it — in fact I don’t think I’ve ever said it in the more than 20 years that I’ve been working in and writing about hedge funds — but we might be at the top. The bloom, as they say, might be off the rose. You see, it was reported earlier […]
‘Slow Tourism’ in Tuscany and Sicily
Italy’s railway has renovated four lines that had fallen into disrepair, hoping rides along picturesque routes in 1920s steam trains will attract tourists. Officials said the objective is the development of a form of “slow tourism”, inspired by the slow food movement, that seeks to promote the different facets of a regional heritage including history, […]
Ridiculousness from Qatar to Japan
The ridiculousness of the uber riche hit an all time high this week in Japan and Qatar with purchases that show stupidity rather than status. Normally on the Good Life we highlight over-priced uber luxe living but millions for a special car number plate and thousands for two mangos… Super-rich Qataris are splashing out millions […]
Finally somebody gets it
Unless you’ve been living under a rock for the last decade or so, you haven’t missed the continued bashing of all things alternative by the mainstream press. Every day one news organization or another has something on how these managers are all the evil that people do. Alternative managers have few if any friends in […]
World’s best whisky, made in China
A whisky made in Taiwan has taken the title of world’s best single malt whisky 2015 for its “sweet pruney” flavors and dry, walnut finish. After Jim Murray’s Whisky Bible named The Yamazaki Single Malt Sherry 2013 from Japan the best in the world, another group has proclaimed the Kavalan Solist Vinho Barrique Single Cask […]
Sotheby’s on eBay
Famed auction house Sotheby’s and eBay launched yesterday their new live online auction site, live.ebay.com/lvx/sothebys. The site, hosted by eBay, will allow collectors to bid on auctions in New York from anywhere in the world as they happen, access live streaming audio and video of the sales, and view items for sale. The first auctions […]
And now for something completely different
For those of you looking for hedge fund industry commentary this week, I am sorry to report that I have nothing to say on that front. It is true we did have a HEDGEAnswers call this week and it went well. If you would like a link to the podcast, please email and I will […]