Don’t Put Your Valuables in the Bank
https://www.bloomberg.com/opinion/articles/2019-07-22/don-t-put-your-valuables-in-the-bank [www.bloomberg.com]
2019-07-30 04:02
On the other hand if you have valuable stuff you can leave it with the bank, and the bank will keep it in a box for you, but that is sort of an accident. It is not a core banking function, not really a banking function at all except for historical reasons. And sometimes they’ll drill open the box and throw your stuff out!
Original story: https://www.nytimes.com/2019/07/19/business/safe-deposit-box-theft.html
It turns out that, statistically, heart surgeons are better at heart surgery than barbers are. What about dermatologists, are they better at sourcing and identifying private-equity and venture-capital investments than private-equity professionals are?
Original: https://www.nytimes.com/2019/07/19/your-money/diy-private-equity.html
source: ML