Page 123 - Forbes Magazine-October 31, 2018
P. 123
FORBES
FACT & COMMENT STEVE FORBES
Restaurants:
sage and effectively defanged the destruc- and wise peace-through-strength policies
tive rule that was threatening the very overseas could right matters again, as Go, Consider, Stop
existence of our banking system. That put they did once before.
an abrupt end to the terrible bear market Edible enlightenment from our eatery
that had battered equity averages by Making Money experts and colleagues Richard Nalley,
Monie Begley and Randall Lane,
almost 60%. The subsequent bull market as well as brothers Bob, Kip and Tim.
has gone on to this day. While Having Fun
This whole sorry episode underscores z Coco Pazzo
an underappreciated truism: Govern- No need to suffer the wintertime blues! 160 Prince St., at Thompson St. (Tel.: 917-
261-6318)
ments, not free markets, cause economic Instead, broaden your horizons and en-
Pino Luongo, proprietor of this updated version of
calamities. rich your portfolio by joining us January the UES original, brought Tuscan fare to NYC in the
24 to February 3, 2019, for a fantastic mid-1980s. Offerings sound classic but are prepared
with updated creativity. Begin with insalata carciofi,
The Big, Bad Cost Forbes Cruise for Investors from Rio de a light salad of raw baby artichokes, Parmigiano
Janeiro to Buenos Aires. The voyage com- and fennel tossed in olive oil and lemon. The oven-
of 2008 bines exhilarating shore excursions with roasted calamari is served with thin fried zucchini.
The pastas are perfection, and the cotoletta is a
scintillating investment seminars at sea, scrumptious version of a breaded veal cutlet. Finish
Perhaps the most toxic fallout from given by our team of remarkable stock with tangerine soufflé and a glass of limoncello.
2008–09 was not economic but rather market mavens and fixed-income experts. z The East Pole Fish Bar
geopolitical. It severely damaged faith in Among the highlights: You’ll get money- 964 Lexington Ave., between 70th & 71st
free markets in much of the world—most making advice on dividends and value eq- streets (Tel.: 646-870-9007)
ominously in Beijing—even though gov- uities from John Buckingham, who’s been Tom and Anthony Martignetti have created another
winner: a raw bar and seafood oasis. Oysters are
ernment folly brought on the crisis. Pol- dubbed by Fox Business News as “The Buf-
sourced from both coasts. Begin with those, the
icy errors that subsequently stunted U.S. fett Beater”; the legendary Mark Mills will smoked bluefish dip or an order of peeky-toe crab
growth for nearly a decade reinforced give incisive insights on how to profitably salad. For mid-course share the fried oyster sliders
the perception in China, Russia, Iran and navigate emerging energy and computer with herbed aioli on a bed of purple cabbage. There’s
an array of delectable sushi and, for purists, grilled
North Korea that the U.S. was a declining technologies; you will learn from Jon Mark- dorade, wild salmon or striped bass. A lone but
power, and they acted accordingly. It will man about the seven companies whose luscious dry-aged burger with bacon-onion mar-
malade and Gruyère and cheddar cheese is offered.
take a few years of good, solid growth shares have the most to gain from stunning
in America to put an end to this kind of developments in robotics, self-driving cars, z Kyma
15 West 18th St. (Tel.: 212-268-5555)
deluded—and dangerous—thinking. artificial intelligence and the cloud; John
This cheerful Greek place is a great addition to
Whatever differences it had with the Mousseau will answer critical questions the Flatiron area, and its $32 lunch prix fixe is a
U.S., China believed Americans under- concerning the impact the tax bill will have steal. The spanakopita is flaky and flavorsome; the
stood money and finance. The disillu- on municipal bonds and other fixed-income simply grilled calamari is yummy, and the fries that
accompany the chicken breast kebab would make
sionment triggered by the crisis quickly securities; Ric Gregoria will share not-to-be- any Frenchman or Belgian proud. The oven-roasted
set in motion a resurgence of Chinese missed tax approaches to wills, trusts and salmon is cooked perfectly. The baklava and the
government intervention in the economy estates (especially estate business planning pistachio ice cream are worth a second visit.
that goes on to this day. Violations of and succession); ever insightful invest- z Mimi
international trading rules that Beijing ment strategist Sam Stovall will show you 185 Sullivan St., between Bleecker & Hous-
had agreed to honor proliferated. Forced how to handle the notorious “Republican ton streets (Tel.: 212-418-1260)
If this tiny French restaurant keeps up its stan-
transfers of know-how and trade secrets curse,” which is that every GOP president dards, look for Stars in its future. Even the drinks are
from foreign companies to Chinese ones since Teddy Roosevelt has been hit with a exceptional. The octopus is a home run, as is the
mushroomed, as did involuntary mergers recession during his first term; and you’ll hanger steak. The roasted chicken’s skin is sublimely
crispy, and the meat is so moist it melts in your
with domestic entities. hear from Ned Davis, whose research and mouth. The baba au rhum makes for happy diners,
Disturbingly, China has chucked out proprietary approaches to evaluating vari- especially with the rum bottle left on the table!
the cautious foreign policy that had been ous metrics have made him a much-sought- z The Polynesian
in place since 1978. It is aggressively work- after advisor to asset and wealth managers. Pod Times Square Hotel, 400 West 42nd St.
ing to expand its influence regionally and You will be hosted by Forbes’ esteemed (Tel.: 212-254-3000)
globally. Spending on military forces and editor-at-large and global futurist, Rich Tiki lounges are the rage, and Brian Miller and the
Major Food Group’s rendition deserves the honor
R&D is rapidly growing. Beijing is deter- Karlgaard.
of Best Trader Vic’s 2.0. Hawaiian-inspired decor
mined to be the master of cyberwarfare. You have nothing to lose except an ex- and a large outdoor terrace bar serve as a perfect
The liberal post-WWII order of citing cultural and financial opportunity! background for the crazy and delicious tropical
drinks served in some very cool vessels. The Dere-
American-led military security and To reserve your place, go online to lict is filled with rums, bourbon, banana, cinnamon,
growing trade is under stress. cruises.moneyshow.com/the-31st-forbes- passion fruit, absinthe and juices. Bar snacks
Of course, a sustained Reaganesque cruise-for-investors or call 1-800-530- include iconic Crab Rangoon, crispy calamari, GRANGER COLLECTION
feathery shrimp dumplings, ahi tuna poke and a
economic and military revival at home 0770. F three-tiered Polynesian Pupu platter.
22 | FORBES OCTOBER 31, 2018