Posts by Nicholas Hoffman and Company

The possibility of seeing the Northern Lights is one of the main reasons for considering a winter vacation in the far north. This magical phenomenon lights up the skies quite frequently in places like Iceland and Greenland. Iceland has become a prime destination for tourists, with multiple daily flights to Reykjavik from several US cities.…

Have you ever experienced an “Aha!” moment? A couple centuries ago, Archimedes was contemplating a physics problem when he stepped into a public bath. Noticing the water spill over the side as he entered, he discovered the solution to his problem. “Eureka!” [I have found it] he shouted, and the Archimedes Principle was born. For…

Much has been said about the promise and peril of artificial intelligence (AI). Regardless of the debate’s outcome, one thing is not in question: we need more power. The proliferation of AI technology has triggered unprecedented demand for data processing, computation, and storage. Data center growth has been robust, at 6% per year. Energy consumption…

Recently, Rachel Reeves, the UK Chancellor of the Exchequer, announced the new British Government’s budget for the coming year. This budget included a variety of tax increases. There are similar fiscal pressures on this side of the Atlantic, so I thought it would be worthwhile to provide a high-level comparison of taxation approaches in the…

This year’s Yankees-Dodgers World Series was the most-watched Fall Classic in the U.S. since 2017, offering a potential spark of hope for a sport grappling with declining viewership, particularly among younger fans. Although baseball is culturally iconic, it has struggled to maintain its audience. According to a 2022 Forbes article, MLB attendance dropped 5.9% from…

Anybody can create a legacy – take the case of an illiterate Genoese nut-seller named Caterina Campodonico. Genoa was a successful republic for over seven hundred years. The city even granted England the use of the St George’s Cross flag back in the 12th century. Just outside the old Genoese city walls is a cemetery…

Earlier this month, we witnessed the destructive power of Hurricane Helene, which made landfall as a category 4 storm, and has become the deadliest mainland hurricane since Katrina in 2005. In the aftermath of Helene, residents must face the daunting task of rebuilding their homes, businesses, and lives. The physical impact of storms like Helene…

As a firm with a focus in the private markets over 15+ years, we have been able to watch the landscape of private funds evolve. For decades, for investors fortunate enough to qualify, allocating to the private markets meant completing lengthy partnership subscription documents to make sizeable minimum capital commitments and waiting for an investment…

Last weekend I visited friends in New York City. The topic of residential real estate came up multiple times in our conversations. Few of my friends own apartments. Most rent and have lived in their apartments for over five years because it is simply too expensive to move. I am familiar with the idiosyncrasies of…

For many business owners, the decision to exit their business is the most significant financial event of their lives. Whether planning retirement, passing the company to a family member, or pursuing new ventures, a well-planned exit strategy is essential. A clear plan ensures a smooth transition and protects the owner’s financial future and business legacy.…