Our weekly newsletter provides a brief snapshot of issues we have been working on internally, research topics we have been pursuing, or interesting articles or media that have come across our desk and impacted our thinking.
December 18, 2014
Here are three things that caught our eye this week: Valuation and Narrative This week we spent time watching (via webcast) NYU Stern Professor Aswath Damodaran deliver the keynote address at a CFA Institute Conference in Boston. Professor Damodaran teaches a class on valuation […]
December 12, 2014
Here are three things that caught our eye this week: Empty Labor A year ago the Economist published an article titled Get a Life, featuring data (below) that suggested an inverse relationship between hours worked and productivity per hour. In it, the author highlights […]
December 5, 2014
Here are three things that caught our eye this week: Amazon and Walmart In the spirit of cyber Monday, we did some reading on Amazon this week. While the company is the undisputed king of e-tailing, the investment value of its stock is a […]
November 28, 2014
Here are three things that caught our eye this week: Performance This week we reviewed a number of articles and interviews with Wired magazine’s Mark McClusky, who has just released a new book on the science of high performance titled Faster, Higher, Stronger. While […]
November 21, 2014
This week, we look at disruptive innovation from three different perspectives: Optimism Making decisions with imperfect or incomplete information is the defining characteristic of most business and investment decisions. Detailed due diligence or research can improve the odds of making a good decision, but […]
November 15, 2014
Here are three things that caught our eye this week: Investment and Shareholder Value We have been following up on our previous discussion of the benefits and risks of shareholder value maximization. According to Bloomberg, companies are on pace to spend 95% of earnings […]