Capital Gains
Learn how to think about finance, economics, and corporate strategy.
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Can Games Accurately Simulate Economic Reality? Should They?
Over The Course of Your Career, More and More of the Value You Create Comes from Connections—Between People and Between Facts
Which Measure of the Price of Money Matters Most?
On CAC and Cohorts
Are Prices Perfect? No, But It's Easier to Reason About Them When We Assume They're Good-Enough
Good Rules Make a Big Difference, But Consistent Rules Often Work
Corporate America's Worst Sin or a Slightly Better Structure for a Dividend?
Companies Obsess Over Who Is the Last to Interact with a Customer
Supply and Demand Respond to Prices, but How Fast?
And what turns it into a get-carried-out-on-a-stretcher trade?
Or, why "unsustainable" is optimal, for a while
Customer lifetime value calculations are always a rough guess
