Understanding Public Stock Markets and Exchanges

It’s not a good snapshot of the economy, which is incomprehensible anyway, and we now have far more information to understand the country’s companies. (2018)

LAST month Schumpeter attended an event at the New York Stock Exchange held in honour of Brian Chesky, the co-founder of Airbnb, a room-sharing web... (2017)

New York Times, 2017: Fixing the ‘Brain Damage’ Caused by the I.P.O. Process (2017)

And why pleading with CEOs to change won’t work. "a study by Rachelle Sampson and Yuan Shi found that company short-termism is negatively correl... (2017)

NASDAQ CEO Adena Friedman runs one of the world’s largest financial services companies, including the NASDAQ stock exchange that’s home to more tha... (2017)

Nasdaq's blueprint to revitalize the U.S. Capital Markets Ecosystem (2017)

A study by Innosight shows that corporate lifespans are shrinking and that 75% of the S&P 500 will be replaced by 2027. (2018)

The story of the Kelly Criterion: the magic formula that can tell investors when to use leverage and how much risk is too much. Suppose I offer you... (2017)

"Larry Fink champions the long-term view, but many boards still don’t. BlackRock and other investors are in this for the money, as always. They a... (2018)

To help model complex and frequently erratic financial systems, some economists are turning to biology. "To better understand complex financial ... (2018)

Airbnb's latest funding haul has surpassed all expectations. The company was said last summer be seeking up to $850 million in a round that would v... (2017)

Berkshire Hathaway has evolved into an acquisition engine of large industrial companies. Unfortunately, the returns look pedestrian (2018)

An analysis by The Wall Street Journal found that private markets have more than doubled in size over the past decade, surpassing the growth of pub... (2018)

The action that matters is not in the middle but in the fringes (2020)

Big fish - In twenty years, exchanges have gone from clubby firms to huge conglomerates They control everything from the software powering back... (2020)

U.S. regulators on Friday approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur, a move that will give high-growth ... (2019)

To understand why the popular narrative around IPOs is wrong, you have to take apart the IPO process, how stock markets work, and what the “price” ... (2020)