Michael and Ben discuss who won the financial crisis, The Joker, tech unicorn IPOs and much more.
A historical look back at how the stock market has reacted to past presidential turmoil.
Why reinvestment risk is so difficult to deal with when bond prices move considerably.
Do the biggest college endowments have too much money?
How Robinhood forced other brokerages and fund firms to lower their commissions to zero.
This week’s Animal Spirits with Michael & Ben is supported by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. We discuss: When stocks go from best to worst Schwab announces free trading commissions The Robinhood copycats are coming When public markets dictate private markets Goldman’s push into…
The modern financial system is still in its infancy in many ways. This is why making historical comparisons between now and even 100 years ago or so becomes difficult. Things have changed rapidly in terms of the maturity, size, and scale of the economy. In this piece I wrote for Fortune, I look at this…
Some stock market lessons from the performance of the S&P 500 sectors.
Last year we had Michael Lombardi speak at the EBI conference about how his experience working with the likes of Bill Walsh, Al Davis and Bill Belichick in the NFL translates into the business world.1 When I met Lombardi, who now works for The Athletic, he was at the whiteboard in the conference green room…
Some lessons about Uber from Mike Isaac’s Super Pumped.