Peter Neuwirth wrote a blog post titled Fragility, Antifragility, and Financial Forest Fires in two parts (part 1, Part 2). Peter Neuwirth is the author of What’s Your Future Worth? which describes the basic principles behind the actuarial perspective. Continue reading “Is the global financial system fragile, resilient, or antifragile?”
Facebook and IRS Prepare for $9 Billion U.S. Tax Court Fight
Richard Rubin wrote a Wall Street Journal article titled Facebook and IRS Prepare for $9 Billion U.S. Tax Court Fight. Continue reading “Facebook and IRS Prepare for $9 Billion U.S. Tax Court Fight”
Fair Isaac is tweaking the FICO score formula
Tara Siegel Bernard wrote an article for the New York Times titled Your Credit Score May Soon Change. Here’s Why.
« The Fair Isaac Corporation, the company that creates the widely used three-digit FICO score, is tweaking its formula. » Continue reading “Fair Isaac is tweaking the FICO score formula”
It’s time to embrace marketing as a cost not an investment
Andrew Willshire wrote an article for MarketingWeek titled It’s time to embrace marketing as a cost not an investment. Continue reading “It’s time to embrace marketing as a cost not an investment”
Toppled from the top – The risk of fraud
Roger Isaacs wrote an article for Accountancy Age titled Toppled from the top – The risk of fraud. The article is about the financial implosion of Patisserie Valerie. Continue reading “Toppled from the top – The risk of fraud”
Brand valuation: Brilliant or Bullshit?
Debate between Mark Ritson (arguing for Bullshit) and executives from Interbrand, Brand Finance, and BrandZ (arguing for Brilliant).
Corporate governance is about checks and balances
Alastair Thomson wrote an article about corporate governance titled Checks and balances…they’re a feature not a bug. Continue reading “Corporate governance is about checks and balances”
The Winner’s Curse
« You know about The Winner’s Curse, right? Any winning bid must be at the high tail of the distribution of bids (b/c it won), meaning the acquirer probably overpaid. »
creating value versus extracting value
Lynn Parramore wrote an article for Evonomics titled Business Schools Should Start Teaching How to Create Value, Not Extract It! The article addresses executive pay, inequality, and short-termism. Continue reading “creating value versus extracting value”
Stratechery analysis of the WeWork IPO
Ben Thompson of Stratechery wrote an analysis of the WeWork IPO.
« WeWork’s offering transforms real estate into a variable cost for all kinds of companies, with benefits that roughly mirror public clouds. » Continue reading “Stratechery analysis of the WeWork IPO”