Capital Gains
Learn how to think about finance, economics, and corporate strategy.
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Can you buy it? Can you sell it?
Some inventions are just rediscoveries
On average, investors are trying to buy stocks that go up, but a lot goes into that average
Looking back on the great summer 2000 tech rally
What you think the long-term looks like depends on what start date you choose
There's a feedback loop that pays CEOs well but keeps them on their toes
If the stock market thinks a company is worth $10 billion, why does an acquirer usually have to offer $12bn+ to own it?
What can we learn from the biggest IPO ever?
AI is a useful set of technologies for predicting the future, so why not use it to predict stocks?
You can tell a causal story in both directions
When alpha gets commoditized, you have to get good at plumbing
You're making more choices than buy-and-hold
