The TLS Podcast cover image

Our New Gilded Age

The TLS Podcast

00:00

How to Make Serious Money Comments Knowles

Financial london gets rich by skimming tiny percentages off unimaginably large sums of money. Knowles walks west to mayfair, belgravia and saint james's where smaller private equity and hedge fund operations lurk behind the stuccoed facades of georgian town houses. It is classic rent seeking, taking unearned income from unproductive activities in the city. The only winners here are the funds and their investors from purpose built offices of shoreditch and the city.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app