Can billionaire VC Joshua Kushner mix kindness with capitalism?
One of my goals for Fortune is to shine a light on some of the most important industry players through deeply reported profiles. Who are the transformative minds propelling the world’s…
Book Review: Poor Charlie’s Almanack
Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger. 2023. Edited by Peter D. Kaufman. Stripe Press. There is no shortage of advice to improve our diets.…
The Weakening US Consumer | CFA Institute Enterprising Investor
The United States is a consumption-driven economy. But over the last half century, the US consumer has been weakening in the face of social and economic pressures. In recent years,…
Bitcoin Valuation: Four Methods | CFA Institute Enterprising Investor
For more on crypto valuation, read Valuation of Cryptoassets: A Guide for Investment Professionals by Urav Soni and Rhodri Preece, CFA, from CFA Institute Research and Policy Center. “On behalf…
Book Review: Plunder | CFA Institute Enterprising Investor
Plunder: Private Equity’s Plan to Pillage America. 2023. Brendan Ballou. PublicAffairs. People stop in their tracks when they see the cover of the book I’m reading — Plunder — with…
Do-It-Yourself High-Dividend Strategies | CFA Institute Enterprising Investor
Introduction What do business development companies (BDCs) and covered call and preferred income strategies have in common? Most obviously, they all offer dividend yields well above those of the S&P…
Book Review: These Are the Plunderers
These Are the Plunderers: How Private Equity Runs — and Wrecks — America. 2023. Gretchen Morgenson and Joshua Rosner. Simon & Schuster. In 1970, Milton Friedman penned an influential editorial…
The Innovation Advantage: Private Market Investing
Innovation Drives Value Creation Innovation has always propelled economic progress and wealth creation. Investors once accessed the growth of groundbreaking companies through the stock market after these innovative firms went…
Return to Tradition? Three Reasons to Consider a Bond Allocation
US government money market funds have enjoyed record inflows this year as their 5%-plus yields — the highest in decades — and lower-risk status have obvious appeal for investors. But…
Steve Blank Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets
Bill Gurley was one of Silicon Valley’s smartest and most successful VCs. He recently gave a talk at the All-In Summit that was really two talks in one. The first…
