Debt Crisis: Greece May Be Bankrupt, But at Least Hermes Made a Bag Out of its Flag

Eurozone ministers are gathered in Brussels today to determine the fate of Greece in the Eurozone, and by consequence, the fate of the Euro itself. Greece may be bankrupt (according to its Finance Minister), but it is the only country that can boast of having a Hermes bag made out of the image of its flag.

 

eu greece flags
European Union and Greek flags near the Parthenon in Athens. Image from bloomberg.com

 

The recent tensions began when the left-wing and anti-bailout Syriza party assumed power in Greece this January. Continue reading Debt Crisis: Greece May Be Bankrupt, But at Least Hermes Made a Bag Out of its Flag

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Fashion: Is There Such a Thing as an Investment Piece?

Since the focus of this blog is investments, I’ll post about what fashionistas call as “investment pieces”. From a perspective of an investor and not a fashionista, do these things really exist?

Fashion pundits throw the term “investment pieces” as if they were Jordan Belfort  – played by Leo DiCaprio in The Wolf of Wall Street – throwing money off a yacht.

Leonardo DiCaprio throwing money off a yacht in The Wolf of Wall Street
Because “luxury” confetti is so much more expensive. Image by popsugar.com from scenes of the movie The Wolf of Wall Street.

 

How do fashionistas qualify an item as an “investment piece”? Continue reading Fashion: Is There Such a Thing as an Investment Piece?