
European bank profits rise to post-crisis peak despite lower revenues in 2018 – capital ratios down for the first time
European banks pulled off a remarkable feat in 2018 – their best annual result since the financial crisis.

European banks pulled off a remarkable feat in 2018 – their best annual result since the financial crisis.

Wealth inequality and economic mobility are two of the biggest socio-economic issues of our time.

Wealth inequality and economic mobility are two of the biggest socio-economic issues of our time.

Wealth inequality and economic mobility are two of the biggest socio-economic issues of our time.

Wealth inequality and economic mobility are two of the biggest socio-economic issues of our time.

Wealth inequality and economic mobility are two of the biggest socio-economic issues of our time.

Wealth inequality and economic mobility are two of the biggest socio-economic issues of our time.

Wealth inequality and economic mobility are two of the biggest socio-economic issues of our time.

I recently blogged about the similarities between athletes and business owners as they pertain to investing around a large, concentrated position, and briefly concluded that an all-or-nothing approach (i.e., a muni/private business barbell or ignoring the concentrated position completely) is likely suboptimal.

Posted by: Paul Donovan