The Death Cross: Diversity, Corporate Governance and AI.
A random walk in the past – Diversity, death by 1,000 cuts – Corporate governance, just keep borrowing - AI, Actual Implementation - Elon Musk, a misunderstood guy. Summary: Diversity,…
A random walk in the past – Diversity, death by 1,000 cuts – Corporate governance, just keep borrowing - AI, Actual Implementation - Elon Musk, a misunderstood guy. Summary: Diversity,…
The 1930’s all over again. In the city where I grew up, the massive bank induced expansion of 1880 to 1930 created an army of very wealthy people. Buffalo was…
Low rates have created huge structural imbalances. Economics without accounting is voodoo – Life in a frog pond - Low rates and disappearing equity – The cancer in the system…
Summary: We believe professional money management is going to die a slow ugly death. This will cause extreme stress on the banking system and Wall Street. But this doesn’t have…