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Alternative assets, public markets, ownership risk, and long-term wealth durability
Research and commentary by Mitt Chen
Cultural Asset Economics
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Investor Notes
From Michelin to Margin Calls: The Hedge Fundification of Fine Dining and Ghost Kitchens
Fine dining isn’t gastronomy anymore. Ghost kitchens aren’t kitchens. And the chef you just wired a Series A check to? He’s a human SPAC waiting to be franchised in Qatar.
Mitt Chen
Aug 29, 2025
3 min read
From Ruins to Returns: The Billionaire Rush for Italy’s €1 Ghost Town Castles
The only thing cheaper than a €1 home in Italy is the due diligence investors pretend they did before buying it.
Mitt Chen
Aug 22, 2025
3 min read
French Châteaus: Castles vs S&P500
$300K gets you 18 bedrooms, tax perks, and an existential renovation crisis. Or, y'know, a closet in Manhattan.
Mitt Chen
Aug 1, 2025
2 min read
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