Property & Real Assets

The Chinese property market – is it Lehman Brothers part II?

Market Notes / By

In 2007, one of the world’s biggest investment banks, Lehman Brothers, collapsed into bankruptcy after suffering months of share price declines amid rumours of its subprime mortgage exposure. For those readers of a more tender age, the investment banking system had basically loaned funds to property investors that were fundamentally incapable of keeping up with […]

The Chinese property market – is it Lehman Brothers part II? Read More »

Reader Question: Should I consider investing in fine wine?

From the Record / By

A friend of mine was recently contacted by a fine wine salesman. The pitch was fairly straight forward. In addition to buying wine to drink, individuals can also create investment portfolio of fine vintages. Wine is a finite product for which demand is currently outstripping supply. The great chateaus of the world only produce so many

Reader Question: Should I consider investing in fine wine? Read More »

Investing in REITs

Essays / By

Are REITs (Real Estate Investment Trusts) a good investment? Will they continue to be in the face of a rapidly inflating property market? Whilst REITs are usually fairly unique (other than being a vehicle for investing in real estate), there are several factors that individuals can take into account when assessing an investment in one.

Investing in REITs Read More »

Join the List

Occasional notes on investing, process, behaviour and long-term capital stewardship.

Capital Ledger is written for readers who prefer considered judgement over market noise. The newsletter shares new essays, journal entries and periodic reviews as they are published.

No tips. No trading alerts. No noise.