Word: investingations
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That same discipline has kept him from investing in an all-business-class airline (not enough weekend traffic) or one for the Indian domestic market (too much competition, too many restrictive ownership rules). And it allows him to do things that, on the surface, appear extraordinarily risky. His pledge to...
He starts small and usually shares the risk. When he wins, he wins big. Branson's initial $10 million investment in Virgin Blue, for example, earned him a payoff of an estimated $500 million when the company went public, although the stock has since declined. When he fails, he always...
He also believes the FAA isn't ensuring sufficient maintenance is being done during the current tough economic times. "In the '70s, '80s and early '90s when aviation went through severe economic downturns - that either were, or just short of, recession - the FAA stood vigilant to make sure that the...
Addressing concerns about the decline of French culture and economic interests, French Culture Minister Christine Albanel unveiled a series of proposals earlier this month to stimulate spending on art works by French buyers. She wants to change exisiting laws so that the sale and auction of modern art can become...
Nearly 750 people came to Harvard Business School on Saturday to participate in the 10th annual Latin American Conference, hosted by the school’s Club Latinoamericano. The event, which was entitled “New Horizons for Opportunities,” gave audience members the chance to hear...