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Articles

Why Four Walls in Geneva Can Hold $100 Billion of Stuff?

Why Four Walls in Geneva Can Hold $100 Billion of Stuff?

A boring warehouse in Geneva can hold billions in art, gold and wine. Here's how the world's strangest storage business lets valuable assets sit, trade and wait.

Why Someone Pays Billions to Own Invisible Radio Waves?

Why Someone Pays Billions to Own Invisible Radio Waves?

You can’t see it, touch it or own it. Yet telecom companies just spent $3.57 billion buying the right to use it. Here’s why radio waves are worth a fortune.

Why 6,000 Tons of Other People’s Gold Sit Under Manhattan?

Why 6,000 Tons of Other People’s Gold Sit Under Manhattan?

6,331 tons of foreign gold sit beneath Manhattan. The strange part? The Fed tracks the exact bars because central banks don’t think gold is fungible.

Why Two Million Companies “Live” in Delaware?

Why Two Million Companies “Live” in Delaware?

More companies are registered in Delaware than there are people living there. Here’s how a tiny state turned corporate law, courtrooms and mailboxes into a billion-dollar industry.

Why Bermuda Is Basically a Casino for Hurricanes?

Why Bermuda Is Basically a Casino for Hurricanes?

Investors are pouring billions into bonds that can lose money when hurricanes hit. Welcome to Bermuda’s very strange weather market.

Why Liberia’s Flag Is on 6,000+ Ships?

Why Liberia’s Flag Is on 6,000+ Ships?

Liberia barely dominates global shipping on land. At sea, it’s a giant. Here’s why thousands of foreign-owned ships pay to fly its flag.

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