
Unknown, Unknowable, Unloved and Worth Reading
Buffett was basically saying to Wall Street firms: “Even if you hire 100 brilliant Ph.D.s to run your models, no sensible estimate will emerge.” These

Buffett was basically saying to Wall Street firms: “Even if you hire 100 brilliant Ph.D.s to run your models, no sensible estimate will emerge.” These

Full kudos on the young man who came up with this scheme. But if there ever was an idea that is ripe for abuse it

Statement Dissenting from Approval of Proposed Rule Changes to List and Trade Spot Bitcoin Exchange-Traded Products


It doesn’t matter whether company size is measured as assets, market value, sales, revenue, or number of employees — bigger firms pay more … way more.

The Verdad people do interesting work. That they tend to conclude with our internal bias towards toward small and value makes them even more fascinating.

”But what if you found out that key data underlying that breakthrough were actually wrong?” Academic research is fun-ish. A problem with making money from

The idea of regulation and the establishment of a legitimate exchange is to ensure that phony and fraudulent ideas DON’T go public in the first place.

Let’s be clear. Investing money is really about one of at least three things: structuring a pool of capital to meet stated goals, simply making

A sneaky little cull from the Financial Times this week on the world of Private Credit. Some in long pants might recall the former Citi CEO calling the top in 2007.

This is the FINRA proposal allowing investment managers to include specific return targets when raising money from “qualified” pools of money. If I knew I