Even God’s top authority on Earth has trouble with the simplest investing precept: buy low and sell high.
After a scandal that has dragged on for more than a year and led to t he firing of one of the Holy See’s most senior officials over a handful of shady London property deals that were bleeding millions in losses , the Vatican has finally decided to rip the bandaid off and sell a luxury office building in London’s Knightsbridge neighborhood for a loss of £100MM ($135MM).
Per the FT, the Vatican is in the final stages of selling 60 Sloane […]
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