May 1, 2024
By Wen Shiau
The very core investment thesis of Cypress Capital Group’s residential real estate in US tech centered cities…
Dr. Solow, ground breaking Economist and Nobelist:
“I discovered to my great surprise that the main source of growth was not capital investment but technological change,” Professor Solow said in an interview in 2009, also for this obituary. Specifically, he estimated that technical progress accounted for a surprising 80% of the 20th-century American growth. He later pointed to Silicon Valley as a validation of his theory.
https://www.nytimes.com/2023/12/21/business/robert-solow-dead.html
Cypress Capital Group
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