Musings on Markets

If there is one thing that I have learned about markets over the years, it is that they have a way of leveling egos and cutting companies ...

In my last post , I valued Spotify, using information from its prospectus, and promised to come back to cover three loose ends: (1) a pric...

In the last few weeks, we have seen two high profile unicorns file for initial public offerings. The first out of the gate was Dropbox, a ...

My posts over the last two months have been heavy, dealing first with my data update from January 2018, and with the market and its volati...

Jerome Powell, the new Fed Chair, was on Capitol Hill on February 27, and his testimony was, for the most part, predictable and uncontrove...