Three weeks ago, we wrote about the factors propelling the energy transition. For this week’s commentary, we will detail the energy challenges facing Europe in particular. Despite being the world’s second-smallest continent, […]

In the coming months, we will be examining the economic prospects and geopolitical implications of several of the world’s growing markets. Let’s play a quick game of “Guess that Country” […]

It is remarkable how much we rely on trust to navigate our world. We trust that the person driving the bus is capable and licensed to drive, that the waiter […]

I will admit, I have probably devoted too much of my free time in the past three weeks to following the slow-moving train wreck of Elon Musk’s Twitter takeover. For […]

“What is the difference between investing in the stock market and gambling?” This question was posed to me about a year ago by a friend of mine, and it has […]

Company valuation is one of the more recent iterations of the ancient human tradition of storytelling. Like all traditional narrative forms, it pits a protagonist (company managers) against a problem […]

I received an interesting memo from our “Questions No One is Asking” department this week: Is market timing really all that bad? “Of course it is,” I scoffed. “Any freshman finance major […]

Whether public or private, equity markets operate on the same underlying assumption – the investor is contributing capital now to participate in the future success of the company, at the […]

Here is our take on the articles summarized below: The pillars of the free market are under duress. One of the greatest free-market inefficiencies – environmental conservation – has brought forth […]