Want Wealth? Go Where The MBAs… Arent?!

Dan Rasmussen and Nicholas Rice at Verdad have a fascinating piece out called, “The MBA Indicator.” They studied which industries the graduating MBAs of Wharton have joined over time, and then tracked the stock performance of each sector in search of some correlation. What they found is that the more freshly-anointed MBAs were joining a … Continue reading Want Wealth? Go Where The MBAs… Arent?!

Stories Set Prices, But Changing Stories Move Prices

I was listening to a person talk about selling their house. They’re kicking themselves they should have moved when the market was hot last year, but they had some more work to do, and surely it’s still worth it now that everything in the house is perfect, right? The story sets the price. They sound … Continue reading Stories Set Prices, But Changing Stories Move Prices

Podcast Of The Week: Impassioned Founders (New Favorite Podcast!)

I had seen David Senra referenced/retweeted/etc. a few times, but I didn’t think I needed another podcast about business founders.  Boy was I wrong.  Senra was on the Invest Like The Best podcast with Patrick O’Shaughnessy and let’s just say if you don't know him - start here.  All he does is read bios, make … Continue reading Podcast Of The Week: Impassioned Founders (New Favorite Podcast!)

Valuation Keeps Storytellers Honest And Number Crunchers Relevant

I keep coming back to this Aswath Damodaran idea lately.  Valuation is the bridge that keeps storytellers honest and number crunchers relevant.  If you live in a spreadsheet you’ve got data but no stories. Nobody is going to care what your numbers are.  If you can tell a good story but have no data to … Continue reading Valuation Keeps Storytellers Honest And Number Crunchers Relevant

What Would You Do With $5 And 2 Hours To Maximize ROI?

Tina Seelig, PhD. has a famous $5 challenge she gave to her students at Stanford.  Read her writeup here, but I’m going to tell you the premise (and who won and why): The class was broken up into 14 groups. Each group was given $5 and told to go out and find the highest possible … Continue reading What Would You Do With $5 And 2 Hours To Maximize ROI?

Podcast Of The Week: Matthew Ball Metaverse Podcast Tour

Matthew Ball’s book is finally out (and if you want to see me obsessing over things I’ve learned from his thinking on media, tech, business, etc. click here).  The metaverse - or this second plane of real-time virtual reality - is not just early 90s science fiction anymore.  The tech is upon us, the building … Continue reading Podcast Of The Week: Matthew Ball Metaverse Podcast Tour

Podcast Of The Week: Jigar Shah On The DOE And Energy Policy In America

If you like business, if you’re interested in capitalism, incentives, and the overlap between public and private idea funding AND scaling… you’ll love this podcast episode and Jigar Shah.  Listen to Jigar Shah on the Oddlots podcast, “Jigar Shah on the DOE’s Role In Accelerating The Energy Transition.”  Change takes investment. Investment requires money. Money … Continue reading Podcast Of The Week: Jigar Shah On The DOE And Energy Policy In America

Podcast Of The Week: Zeihan On Geopolitics In 2022

Who knew a guy obsessed with maps could reframe the entire way we understand world history and where we might be headed? Peter Zeihan’s that guy.  He recently showed up on Meb Faber’s podcast to talk about his upcoming book, what’s happening in the world, and what’s moving markets. This matters more than just reading … Continue reading Podcast Of The Week: Zeihan On Geopolitics In 2022