Do what rich people do – Part 2: How to invest in art

When I first started Harvard, it took me a painfully long time to realise that the fastest way to climb the economic ladder is simply just to do what wealthy people do. Let me say that again, and then read it a few more times. Do what wealthy people do.

When the Double Irish was shuttered, it was replaced with the Green Jersey and the utilisation of intercompany debt structures. It fits a familiar pattern: when one tax loophole closes, another one is usually prised open.

The executive chairman's departure was marked by a series of articles reflecting on his time but they only underlined the key problem with Woodward's Manchester United - Woodward.

XS Direct has ceased renewals for both direct customers and brokers in Ireland. It is not the first player to exit the market here. And given the malfunctioning industry, it will certainly not be the last.

After twelve years of monetary experiments on a grand scale, the inflation dog that didn’t bark has some serious teeth to bite.

Equity markets will enjoy high single digit returns in both the US and the eurozone. Commodity markets will experience divergent trends, and inflation rates should decline from the second quarter onwards.

I was there when the government first locked down the economy. Almost two years on, politicians must resist the seductive rhetoric that this will somehow be “over” after we cross some final hurdle and admit publicly that this is a long war.

While much has changed in Ireland and in Irish politics since the 1971 Fianna Fáil Ard Fheis, the battle for the soul of Fianna Fáil is just as critical today as it was fifty years ago. Remarkably, the battle will likely again define our future.

In a Christmas essay, Tommie Gorman writes of plans revised and how the pandemic affects many things but the human spirt and love remain.

Buyers, particularly private equity houses, have a wall of capital and are looking for a place to house it. But can the surge of deal making continue – and are valuations simply too high?