Smith hardly had in mind the creation of any new economic “system” or framework when he wrote. The actual word “capitalism” does not appear in the book.
Category: Finance & Economics
Retirement planning applies the same concept: save a piece of your income every year, invested in some financial asset (usually stocks/bonds), and collect…
Prior to the MAX/COVID double whammy, Boeing did roughly $100 billion in annual sales, split roughly 60/30/10 between their three main business lines…
As we’ve discussed before, equity investing strategies come with plenty of variety. A key strategic—even philosophical—dimension of investing style is value vs. growth. In practice
In many ways, 2023 is shaping up to be a year of AI hype. Generative AI and large language models have become hot buzzwords, and
It’s common for investment job interviews to have some stock pitching component—this can take many forms. This is one I’ve used in the past. While
While a key goal of the blog is to talk in depth about particular books and ideas, I want to start with some very quick
In thinking about ways in which my personal experience can add value to readers, my experience with the CFA program often comes to mind. Given
We’ve covered a lot of ground—accounting, capital costs, and competitive advantages that help companies earn economic profits. But if we want to invest, we ultimately
In our last post, we covered a concepts like cost of capital and economic profit to consider as a yardstick when evaluating performance of different