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Companies, Investors, and Countries
Byrne Hobart2 hours ago
Sandbagging, Conspiring, De-Risking
Byrne Hobart7 days ago
You Won't Agree on Everything, But You'll Know What You Disagree On
Byrne Hobart14 days ago
The Economics of a Ludicrously Expensive Hobby That Occasionally Turns Into a Job
Byrne Hobart21 days ago
Infallible Recession Indicator? Noisy Signal? Both?
Byrne Hobarta month ago
Or, Really, How Not to Misread a 13F
A Diversified Portfolio Pays Off in the Market—But Where Else Can You Get It?
How Who's Born When Affects Growth, Rates, and Votes
Byrne Hobart2 months ago
Putting a Price on Any Asset Means Putting a Price on Uncertainty and Time
Why the Best Way to Make Something Affordable is to Send it Around the World a Few Times
Are people irrationally afraid of debt, or irrationally fond of it?
There are Easy Tradeoffs and Challenging Ones
Byrne Hobart3 months ago
What to Focus on, What to Ignore
Why We Can’t Stop Markets from Crashing
Or: The More You Know About Their Stock Picks, The Less Their Job Involves Picking Stocks
What's So Bad About Everything Getting Cheaper?
Sure, You've Heard of Gamestop and AMC—But What About the Financial Crisis and the Auto Industry of the 1960s?
Byrne Hobart4 months ago
Over $10 Trillion Is Managed In a Very Strange Way
And How Investment Bankers, Software Developers, and Unionized Workers Turn a Stock Into a Quasi-Bond
And What’s The Difference Between “Economic Profits” And the Usual Kind?
They Do, However, Get Involved in Conspiracies
Byrne Hobart5 months ago
The Sociology of Risk-Takers, Fee-Collectors, and More
Is it Skill, a Statistical Artifact, or the Market-Clearing Wage for a Job?
The World's Most Common and Effective Form of Economic Redistribution
The Art and Science of Not-Quite-Selling