Is it just another real estate deal?
How fast does the financial scenery change?
Imperfect efficiency from investor preferences and the cost of information aggregation
The biggest source of alpha is knowing when you're unlikely to have alpha
Where volatility transfers wealth
On monster grants, $1/year salaries, performance hurdles, and more
Bond vigilantes, corners, and bearers of bad news
It's useful to measure poverty, but its connotation is more stable than its denotation
People don't just happen to hate economically efficient taxes: they hate them for the reasons they're efficient
How do two companies work together when neither has a meaningful second-best option
