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

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Finance 101

February 15, 2024 | Baylor University is a private, Christian university about 95 miles south of Dallas, with strong athletic programs. But now, it’s getting known for its stellar endowment performance.

Bond Rally Goes Poof

February 14, 2024 | And just like that, they’re gone. No, that’s not a Valentine’s Day musing about the one who got away. Rather, we’re talking about bond market gains since investors got hooked on the prospect of rate cuts in 2024 amid the Fed’s December meeting.

Illegal Index Funds

February 12, 2024 | Should index funds be illegal? It’s more of an intellectual question than a serious one. For example, the U.S. stock market couldn’t really function if 100% of investors held all their money in S&P 500 index funds, at least not as any useful tool for allocating capital.

Hollywood Economics

February 11, 2024 | The film industry isn’t all glamorous. For every big hit that makes hundreds of millions — like “Oppenheimer” and “Barbie,” countless films go virtually unheard of.

Secret Sauce

February 10, 2024 | Wouldn’t the office be better if we all took a collective coffee break?

Sam Altman’s $7 Trillion Plan

February 9, 2024 | Sam Altman, CEO of the company that created ChatGPT, has probably never been criticized for a lack of ambition. His latest endeavor is, to say the least, quite ambitious.

The Big Review

February 8, 2024 | McKinsey has warned about 3,000 of its consultants that their performance was “unsatisfactory” and must improve. Otherwise, they could be removed from the company.

Burrito Season

February 7, 2024 | It’s never been easier to have Uber deliver your Chipotle order, and coincidentally, both companies reported earnings this week.

The Multimillionaire Next Door

October 13, 2024 | Ronald Read, a gas station attendant in small-town Vermont, quietly amassed a fortune worth $8 million. It’s a powerful lesson in frugality and the powerful effects of compounding.

Long-Term Games

October 11, 2024 | Are prices finally coming down? It’s happening, at least somewhere. As consumer spending slows, businesses are turning to discounts to attract customers. The shift comes after years of price increases driven by rising costs and consumer demand.

Follow the Crowd

October 9, 2024 | America’s flood insurance system might need a facelift. Mark Gongloff, a Bloomberg Opinion editor and columnist covering climate change, argues that Hurricanes Helene and Milton provide the latest proof that flood insurance in the U.S. isn’t sufficient.

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