Turning non-tradables into tradables
Plus! Grills, Ads, Pricing, Drops, Movies, Diff Jobs
←
Back to all posts
-
Sign up for free to gain access →
-
Moderna's Bets: Moonshots and Platforms
Sign up for free to gain access →Plus! The China AI Stack; Closing the Loop; Ads and Addiction; The Second-Order Costs of Inflation; Fraud and Transaction Costs
-
Assuming Efficient Markets to Exploit Market Inefficiencies
Unlock Premium to read this post →Plus! Volatility; Celebrity Endorsements; Carbon Unit Economics; Inflation Narratives; Faster!
-
The Economics of Gas Stations
Unlock Premium to read this post →Plus! A Preview, From China; Noisy Data; Platforms; Another Shortage; Hacking and Options
-
The Network Before the Internet
Sign up for free to gain access →Plus! Operational Issues; The Cloud; Rent and Inflation; The Glut; Credit and Macro; Diff Jobs
-
NextEra Energy's Green Growth
Sign up for free to gain access →Plus! Specialized Cloud; Bailouts; Another Look at Inflation; Trucking Recession; Belt and Road Alternative; Diff Jobs
-
Populism and Product Sense
Unlock Premium to read this post →Plus! Death Spirals; Ahead of Supply Chains; Catching Up; Value; Where Inflation Isn't
-
Nuclear Waste Cleanup is a Bookkeeping Business
Unlock Premium to read this post →Plus! Make Me Zero-Emissions, But Not First...; Supply or Demand?; Globalizing Services; Market Timing; Full Integration
-
In (Partial) Defense of Discounted Cash Flow Guesswork
Unlock Premium to read this post →Plus! Centralized Liquidity; Tighter Integration; Folk Wisdom; New Old Normal; Copilot and Pricing
-
Clean Trades and Dirty Hedges
Sign up for free to gain access →Plus! Cash as Cosmetics; Two Inflations; AI; Offline-to-Online; Starlink; Diff Jobs
-
It's Hard to Know Brokers' Long-Term Economics, But Easy to Guess Badly
Unlock Premium to read this post →Plus! Who's Hit by Inflation?; Slow Return to the Office; Stock-Based Comp; Cat-and-Mouse; Scale
-
Synchrony Financial: A Bank Growth Investors Could Learn to Love
Unlock Premium to read this post →Plus! Unstablecoins; Oil and Gas; Transitory at Last (At Least a Bit); Glorious Food; Meanwhile, in China