The brief infinite money glitch of the 1920s
A company whose shares are mispriced can convert that into something real, but it's challenging
You don't write spam with a quill
LLMs may dominate pageviews, but they're still working for humans
Companies don't keep the positive externalities they create, but they're getting better at it
Always look for selection effects
Thoughts on undeserved wealth, perverse incentives, and dumb luck
The basic rules of money don't change, but they can be applied in surprising ways
Intel, Microsoft, and Adobe debuted as small-caps. What changed?
