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.


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