Newsletters2025-01-04T07:54:08-05:00

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Looming Halving

March 20, 2024 | Let’s check in on bitcoin — a statement that will surely excite some readers and annoy others. This handy website showcases bitcoin’s resilience, finding that on 476 occasions, a “notable” source has declared bitcoin is or will soon be worthless, which probably understates things.

So Long, Negative Rates

March 19, 2024 | It’s over, it’s finally over. Nearly 150,000 hours (17 years) have passed since the Bank of Japan last hiked interest rates, enough time to watch Game of Thrones from start to finish more than 2,127 times.

AI Woodstock

March 18, 2024 | The most important stock in markets is hosting the year's most important conference. That’s right, Nvidia’s annual conference on artificial intelligence — which Bank of America analysts frankly called “AI Woodstock” — commenced today.

Serendipity

March 17, 2024 | Sure, you can chalk up a business’s success to big plans, brilliant ideas, and excellent execution—usually, those go a long way. But much of business (and life) comes down to serendipity—essentially, being in the right place at the right time.

Cybercrime Is Booming

March 16, 2024 | Cybercrime losses have tripled since 2020. Let’s get to all the charts and insights in 2 minutes to read.

Sorry, Realtors

March 15, 2024 | The second-order effects of economic changes are never as obvious as they seem. Take interest rates, for example. Surely, higher rates, boosting mortgage costs, would suppress homebuyer demand, resulting in lower housing prices, right?

Rockets & Feathers

March 14, 2024 | We can’t prove that profits drive prices and vice versa. There are many factors at play. However, consider a rockets and feathers analogy that Goldman economists created.

Left Behind

March 13, 2024 | While the Western world has hiked interest rates in response to a pandemic-era inflation burst, the planet’s third-biggest economy has seemingly missed the memo, keeping interest rates extremely low — Japanese government bonds maturing in 10 years pay meager yields just shy of 0.8%.

It Isn’t Just Big Tech

March 12, 2024 | Against popular belief, this market isn’t just about a few wonderful mega-cap companies. A broad group of companies has fueled the recent climb to record highs, even as monster companies like Apple and Tesla have sunk this year.

Aging Gracefully

October 18, 2024 | Earlier this year, Warren Buffett's Berkshire Hathaway acquired a ~$266 million stake in cosmetics store chain Ulta Beauty.

Disaster, Inc.

October 16, 2024 | It’s no secret that natural disasters are rising. But rather quietly, the $200 billion disaster-restoration industry has become a target for private equity investors eager to cash in on the rising demand for cleanup services after catastrophic events.

Running an Empire

October 14, 2024 | Veronica and Miguel Garza's journey from a small kitchen in Texas to a billion-dollar business with Siete Foods is a compelling story of entrepreneurship, resilience, and innovation.

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