Vitaliy Ayrapetyan
How much capital do you need to cover your living expenses? I examine the relationship between personal spending, financial goals and the mix of assets you hold.
Published: · Moscow time
Holding several assets in a portfolio does not necessarily provide reliable protection. I examine different approaches to risk and the limitations of diversification.
Published: · Moscow time
How reinvesting returns affects capital growth over time, and what it takes for compound interest to work.
Published: · Moscow time
An analysis of a real investment portfolio: the role of bonds, commercial property and cash flows in preserving capital.
Published: · Moscow time
This is an analysis of another investor’s portfolio, not the author’s personal capital.
Investment portfolio analysis
What global wealth research tells us about wealthy individuals, the middle class and common perceptions of wealth.
Published: · Moscow time
UBS Global Wealth Report 2025
UBS data snapshot: 2024
A hotel’s returns depend on its management model and the owner’s involvement. I comment on an interview with a UPRO GROUP representative and compare the points raised with my own calculations.
Published: · Moscow time
Ekaterina Milchinskaya, Deputy Director for Investment Hotels at UPRO GROUP.
Commentary on an interview
My overview of the largest market participants: the scale of their projects, their shares of the property supply and trends in resort property development.
Published: · Moscow time
Market snapshot: December 2025
This ranking reflects the scale of supply in the author’s sample, not developers’ reliability.
I compare new residential developments by location, infrastructure and everyday convenience, from the city centre to established neighbourhoods.
Published: · Moscow time
The development of the former Zavodskoye airport site, the first residential complexes and projects by three major developers.
Published: · Moscow time
My overview of new developments in established urban areas: location, infrastructure and questions buyers should consider.
Published: · Moscow time
The next step