Whats Happens When A Company Mentions the Threat of AI
CHGG operates in a space that is uniquely vulnerable to AI.
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Bank Failures
One of the things that is most surprising about any form of financial crisis is the degree of surprise that market participants display at its unfolding. You can see this scene play at present with the recent collapse of Silicon Valley bank and the current nervousness that surrounds U S regional banks. What new players…
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How America’s Top Real Estate Agent Sells 16 Homes Every Day
Try to picture the top-selling real estate agent in the world. Are you thinking of a New Yorker in a skyscraper who has befriended a bunch of investment bankers? Perhaps a shady Londoner steering oligarchs to multimillion-dollar mansions? Whoever you’re imagining, it’s probably not someone like Ben Caballero. Little about Caballero’s aesthetic screams world-class: The slight…
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The People Making Millions Off Listerine Royalties
For the 26 years that Catherine Schweitzer has worked at the Baird Foundation, a nonprofit based in Buffalo, New York, her organization has relied in part on a peculiar income stream: the mouthwash Listerine. Every year, a small portion of the global revenue from the iconic mouthwash trickles back into the bank account of the Baird Foundation.…
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Taming The Bear – Ausbiz Event
I was so excited when my friend, Carl Capolingua asked if I’d be on the panel for this incredible ausbiz event called ‘Taming The Bear’. It will be great to share the virtual stage with Mandi Rafsendjani and Mathan Somasundaram. We’re going to be talking about the key strategies you can use in a bear market to thrive. Plus I’ll be…
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Where Does Inflation Come From?
As you may know, I am no economist – I am not even an aspiring economist. My thoughts on the profession of economics are well known. However, I do like data and I do like asking questions about the data I find. I was reviewing the performance of a basket of commodities over the last…
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The Halo Effect: Bad Forecasts by Billionaires
This week, the real estate mogul and billionaire Sam Zell said, “There is a high probability that we are looking at a recession in the next 12 months.” The culprit, he told “Bloomberg Go,” was the strong dollar and slowing global trade, the beginnings of layoffs at multinational companies and a general lack of demand. The bears of…
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