Get smarter about valuing businesses in just a few minutes each week.

Get the weekly email that makes understanding intrinsic value
easy and enjoyable, for free.

The First Stock Market

July 29, 2023 | Although the New York Stock Exchange is the most famous, it wasn’t the first stock exchange. That title belongs to the Amsterdam Stock Exchange.

July 28, 2023 | McDonald’s just posted stellar second-quarter earnings, and its stock is sitting near all-time highs this year. One of the key growth drivers? Its smartphone app, which blows away the competition.

What Rate Hikes?

July 27, 2023 | As mentioned in the intro, 2023 has been a puzzling year. The theme for this year has been unanticipated economic resilience in response to disruptive inflation and interest rates.

Big Tech

July 26, 2023 | Microsoft and Alphabet opened Big Tech earnings season Tuesday after the bell, with plenty more AI talk.

Worldcoin

July 25, 2023 | How much will you pay for premium music? As much as we love vinyl, it’s nice to have all of humanity’s music just a few clicks away.

Nirvana

July 24, 2023 | As mentioned in the intro, Americans aren’t optimistic about the economy, but maybethey should be?

Winning Ticket

July 23, 2023 | As you might have seen, someone won the $1 billion jackpot last week after purchasing the ticket at a Los Angeles convenience store. So today, we'll discuss the lottery’s history, how it works, and why the windfall doesn’t always bring sunshine and rainbows.

The Big Apple

July 22, 2023 | “Innovation distinguishes between a leader and a follower.” That sentence, once articulated by Apple’s co-founder, Steve Jobs, could summarize how Apple has become one of the most successful companies in the 21st century. But there’s more to the story.