SVB: Of Balance Sheets, Brands, and Banks
All posts
In chronological order
-
Unlock Premium to read this post →
-
Parametric Insurance and Financial Engineering for Good
Unlock Premium to read this post →Plus! Guided Algorithms; Yesterday in Tech-Centric Banking; Facebook; Trend Followers; Shortages and Gluts
-
Discounted Cash Flow, Terminal Value, and When It's Optimal to Build a Business That's Guaranteed to go Bankrupt
Unlock Premium to read this post →Plus! Weather, Optionality, and Scale; Subscale; Distribution; Fragility; Reopening the Junk Borrowing Window
-
Airlines: Unit Economics, Served Four Ways
Become a member to gain access →Plus! High-Variance; Deadweight Loss; Managing Cash Flow; Twitter Shrinks; Generative AI; Diff Jobs
-
Longreads + Open Thread
Become a member to gain access →Crypto, France, Radio, Short Sellers, Prison, Airlines
-
Snap and Multiple Networks
Unlock Premium to read this post →Plus! China's Manufacturing; Banks and Risk; Exchanges and Network Effects; Cash and Network Effects; Schmuck Insurance and the CHIPS Act
-
The Yandex Source Code Leak: Search, Under the Hood
Unlock Premium to read this post →Plus! Mortgages and Volatility; Full-Stack IP Monetization; BREIT; Pharma and PR; Cost Structure
-
Alpha and Operations
Unlock Premium to read this post →Plus! Jobs; Demand; Defense Tech; Trying Again; Insurance
-
Empiricism Disappears into the Black Box
Become a member to gain access →Plus! Back to Normal; Theoretical Profits; Ukraine and US Energy; "Altasia"; Rebirth of the Author; Diff Jobs
-
Longreads + Open Thread
Become a member to gain access →Languages, Financial Infrastructure, Africa, Chicken, Trucking, Capital Allocation, Normans, Compounding
-
B. Riley and the Fees Versus Trading Tradeoff
Unlock Premium to read this post →Plus! The SVB FAQ; Liquidation; Moderation; Round Numbers; Netflix's Price Adjustment
-
Why Great Investors are Bad Quitters
Unlock Premium to read this post →Plus! Always an Ad Bull Market Somewhere; Rates Risk and Wine Loans; Recursively Fundable Products; Historical Data; AI