The banks here in Cyprus decided to raise their charges. “All of them?” those of you who don’t live here I’m sure will ask. “Well only those that collectively control about 90% (my estimate) of the market” I will reply. “Really? At the same time? This sounds like a cartel practice that should be prohibited Read more about Something’s Gotta Give #40: Returning the favor?[…]
This is an argument that is oftentimes employed by those who call for stringent, more draconian laws. “If you haven’t done anything wrong and have nothing to fear, then why don’t you support this initiative?” I will not go into the details of whether laws are good to be very punishing or not and why Read more about Something’s Gotta Give #39: If you have nothing to fear…[…]
In the old days, when hydraulic wheels weren’t omnipresent, being on the move while in your vehicle, or being stationary, made a world of difference. And the reason was none other than the fact that while stationary, it took a disproportionately larger amount of strength to turn. I think I have mentioned in a previous Read more about Something’s Gotta Give #39: Moving on[…]
I had the chance to go over Information Memorandums, or “Teasers” as some people call this kind of documents sometimes, quite a few times throughout my professional career as a corporate financier. For those who may not be aware, these are sort of “advertising flyers” that companies prepare and distribute to potential investors, when they Read more about Something’s Gotta Give #38: What really qualifies as bias?[…]
I overheard a conversation between two people in the gym, commenting on how other gym members were “saying things about them behind their backs.” Although I am not very much into… gym politics (I mean really? This is the last place I was expecting to hear such a conversation) it always amazed me to no Read more about Something’s Gotta Give #37: The big bad humans[…]
I was giving a ride to friend the other day. I always keep a book on the co-driver seat since it’s usually empty (yes, I know, not very eco-friendly to a drive an empty car daily – in my defense, public transportation in Cyprus is practically non-existent and I am scared of motorbikes, so…). My Read more about Something’s Gotta Give #36: People vs finance[…]
…Is not a good combination of epithets for someone’s character. Following the collapse of Thomas Cook last week, a number of hoteliers begun to ask for temporary(?) tax cuts from their governments in various countries, as well as credit readjustments from their bankers. Effectively, they were trying to transfer their losses further down the chain. Read more about Something’s Gotta Give #35: The greedy whiner[…]
Hello again everyone! After some intense business travelling which I masterfully aligned (more like pure coincidence but who can prove so, really?) with my website migration to a new hosting service, I am back with some great experiences and insights to share. Before we go into today’s main topic, here’s a general observation: Business travelling Read more about Something’s Gotta Give #34: God save the hospitality industry[…]
There is this very popular ad campaign run from a sports apparel manufacturer, which claims that “Impossible is nothing.” This is also a very popular saying among many “inspirational”-kinds of people. (Be it coaches, speakers, or whatever else they claim to be.) I don’t think this is true. The fact of the matter is that Read more about Something’s Gotta Give #33: Impossible is something[…]
So, I was listening to the mayor of Limassol on the radio the other day, commenting that according to a study that Deloitte did, the best thing to do with the Enarios area of the city, is to build high-rise buildings, in order to maximize profit. That may be the case indeed, except the aim Read more about Something’s Gotta Give #32: Our responsibility in setting our own KPIs[…]