Jerome Powell Let me start with Powell, head of the Fed, and my mental model of him. Based on his
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Personal finance and investing news
Jerome Powell Let me start with Powell, head of the Fed, and my mental model of him. Based on his
Continue readingElon Musk did something “funny” today, None of this makes sense! Because “Temporarily on hold” is not a thing. Elon
Continue readingWe talked yesterday about the ongoing collapse of TerraUSD, or UST, the $18 billion algorithmic stablecoin from Terraform Labs. The basic idea
Continue readingAn “algorithmic stablecoin” sounds complicated, and there are a lot of people with incentives to pretend that it is complicated,
Continue readingI guess it is time to talk about algorithmic stablecoins again. Terra, or UST, is an algorithmic stablecoin whose price
Continue readingThe main corporate finance advice for much of 2021 was, like, “be a meme stock.” There were a lot of retail investors on
Continue readingYesterday the chief executive officer of Uber Technologies Inc., Dara Khosrowshahi, sent out an email to employees telling them that Uber is going
Continue readingHere is a fun fact: Stocks are off to a rough start in 2022, with S&P500 currently down more than
Continue readingYou’re not going to get financial markets quotes that are much better than this: An NFT of the first tweet from
Continue readingMy basic view of U.S. Securities and Exchange Commission regulation of crypto projects is that we are in a somewhat eerie
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