If Yale were Socrates in the endowment approach world, MIT would be Plato. In Philosophy 101, we learned: Socrates believed in being...

“In simple terms, bubbles are booms that went bad. Not all booms are bad.” – Proessor Goetzmann GS’s Peter Oppenheimer published a very...

It was 2006, a very early day of my career when Fir Tree’s founder, Jeff Tennenbaum, gave us a “lecture” on SPAC. It was still a nascent...

By Jiawei He and Shinya Deguchi Introduction Amid COVID-19, China’s health insurance system drew our attention so we decided to study...

There are many ways to build a $1 trillion company, but one common question which arises in the mind of an entrepreneur is, “How much...

This article was co-authored by Cook Pine Capital and Star Magnolia Capital COVID-19 Has Triggered a Corporate Credit Cycle Shinya joined...

On April 4, China observes Qingming Festival, a tomb-sweeping day, this year. Ahead of this memorial day, the Wuhan government decided to...

By Shinya From Singapore More than two and half years ago, I wrote an article titled Days of Being Passive-Aggressive. ...

100 Years of Philanthropy For any human being, 100 years is not short. So is for sustainable philanthropy. It is, in fact, not easy to...

Shinya previously participated in Technology Exchange in Shenzhen hosted by J.P. Morgan. Among many, an interview with Yonatan Adiri,...

On 6th November, New York Times ran an article, The Money Management Gospel of Yale’s Endowment Guru, written by Geraldine Fabrikant....

Each quarter, we receive hundreds of letters written by managers. Some of them are excellent, most of them are not, but we still read...

This is a follow-up article of Romance Beginning in a Toilet. During the conference, I had an opportunity to ask Jack Ma and his partner...

Yale Investment Office published the endowment’s 2019 performance (between July 2018 to June 2019). During the period, the endowment...

Last week, I went to Shenzhen to participate in an annual meeting of a private equity firm founded by Jack Ma and his co-founder in 2010....

Housing Markets: Different Paths of the Recovery Is the U.S. housing market recovering? We were quite puzzled and didn’t really know the...

Source: Supplemental Nutrition Assistance Program, Census When we are on the road for research trips, we usually try to check the...

China is an interesting topic. We spent hundreds of hours to understand what China really is and we still do not understand. We think...