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10 Weekend Reads

The Big Picture

How We Got “Democracy Dies In Darkness”: And other stories from eight years running The Washington Post ( The Atlantic ) • Why We’ll Never Live in Space : Medical, financial and ethical hurdles stand in the way of the dream to settle in space. Currently, he is Vice Chairman of IBM.

Ethics 157
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10 Sunday Reads

The Big Picture

My Sunday morning look at incompetency, corruption and policy failures: • Inside Sam Bankman-Fried’s Family Bubble : At Stanford Law School, Joseph Bankman and Barbara Fried specialized in ethics and social fairness. He disclosed none of these activities on his annual disclosure forms, an obvious violation of federal ethics law.

Ethics 130
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Top Founder’s Family Managed Companies in India!

Trade Brains

Even those that are not listed create significant economic value and employment. This has particularly been the case in the Asia Pacific where returns were compounded in excess of close to 5% a year since 2006. In India however, the promoter families still hold a majority in the company.

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Finding What We’re Not Looking For

The Better Letter

In 2006, Publishers Weekly called The Spy Who Came in from the Cold “the best spy novel of all time,” 43 years after its publication. Within behavioral economics, this approach is described as the “ outside view.” 1 But, of course, we need to try these new books and try-on such new ideas.

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Global Leaders Investment Letter: June 2022

Brown Advisory

Specifically, economics has a half-life of 9.4 For now, we remain very careful before making any changes, just as we were when rates were falling, but we are cognizant that there is a half-life to our DCF assumptions and we remain open minded to updating them given changing economic circumstances. GAAP in 2002 7.

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Transcript: Eric Balchunas

The Big Picture

And in order to graduate from Cook you had to have at least a minor that was related, and I thought — I took an econ class and I kind of liked it, so I minored in environmental economics. I — because obviously, I’m like journalism, economics, I’m in Rutgers. And in 2006, I got a hand at ETFs. RITHOLTZ: Interesting.

Assets 167
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Transcript: Ed Hyman

The Big Picture

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. So you have all of this very pragmatic experience as opposed to getting a PhD in economics, which tends to be a little more abstract and academic. That’s just unprecedented. And then you get an MBA from MIT. Four years.

Economy 144