How a few linear regressions can continuously psychoanalyze investors
How bid density impacts ads, recommender systems, and salary negotiations.
Why agency mortgage-backed securities exist, how they work, and how a low-risk choice can still be costly.
How accounting methods affect book valuations, and why they matter to investors in the long run.
How thinking in unit economics explains explosive valuations, burnt capital, and mini-bubbles.
Buybacks, dividends, and what CEOs actually do.
How inventory affects cash flow and return on equity.
Do stock price changes cause fundamental changes rather than the other way around?
How the oldest hedge fund model is bigger and more profitable than ever.
How it explains cheap luxuries, strong pricing power, and good careers.
Understanding why different types of funds charge different fees.
How to think about the economy as interlocked supply chains.
