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Deep Dive on Uber
Is valuing SaaS stocks a special form of the Petersburg Paradox?
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In the September 1957 issue of The Journal of Finance, David Durant published an essay titled “Growth stocks and the Petersburg paradox”. In his essay, he wondered, “when the growth potential of a stock becomes widely recognized, its price is expected
The Power, Peril, and Plight of The Big Tech
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Democrats and Republicans may not agree much on most things, but they both have expressed their desire to curb the power of the big tech through brute force of regulation. Senator Warren published her concerns and expressed the desire to break up Google, Facebook,