@historyinvestor.bsky.social
If after more than 60 years of academics hectoring investors not to do something, and yet they still do it, perhaps it's the academics who need to rethink their assumptions?
All the gorey details in The Ownership Dividend. H/t @spencerjakab.bsky.social
www.wsj.com/finance/inve...?
All the gorey details in The Ownership Dividend. H/t @spencerjakab.bsky.social
www.wsj.com/finance/inve...?
July 3, 2025 at 8:16 PM
If after more than 60 years of academics hectoring investors not to do something, and yet they still do it, perhaps it's the academics who need to rethink their assumptions?
All the gorey details in The Ownership Dividend. H/t @spencerjakab.bsky.social
www.wsj.com/finance/inve...?
All the gorey details in The Ownership Dividend. H/t @spencerjakab.bsky.social
www.wsj.com/finance/inve...?
I suppose my publisher has to make up for putting out books on financial history/dividend-focused investing.
May 31, 2025 at 2:34 AM
I suppose my publisher has to make up for putting out books on financial history/dividend-focused investing.
Turgenev's take on R's view of negotiations with Ukr? From Julian Barnes' gripping novel-bio of Shostakovich.
May 31, 2025 at 2:10 AM
Turgenev's take on R's view of negotiations with Ukr? From Julian Barnes' gripping novel-bio of Shostakovich.
Two very good graphs from Markham's bio of Napoleon. And both apply outside of their specific contexts, the mark of history well written.
May 25, 2025 at 2:58 PM
Two very good graphs from Markham's bio of Napoleon. And both apply outside of their specific contexts, the mark of history well written.
The too taxing idea of taxing buybacks...
May 9, 2025 at 9:12 PM
The too taxing idea of taxing buybacks...
Two posts from another platform linking to a short YouTube video, all about @newbooksnetwork.bsky.social Please listen; please support.
youtu.be/XHIutaAFfOY?
youtu.be/XHIutaAFfOY?
May 1, 2025 at 12:53 AM
Two posts from another platform linking to a short YouTube video, all about @newbooksnetwork.bsky.social Please listen; please support.
youtu.be/XHIutaAFfOY?
youtu.be/XHIutaAFfOY?
Photo of the year? It depends on the outcome. High stakes for both, though only one knows it.
April 26, 2025 at 10:14 AM
Photo of the year? It depends on the outcome. High stakes for both, though only one knows it.
Not part of the MBA or finance curriculum, but it should be. (From a retired colleague)
April 24, 2025 at 6:08 AM
Not part of the MBA or finance curriculum, but it should be. (From a retired colleague)
Fair question from another platform. I don't know what research they may be using. In TOD, two chapters cover the pro/anti camps. But the anti has been much more prominent over the decades. In the end, however, it comes down to philosophy, not finance. 1/3
danielxperis.substack.com/p/when-total...
danielxperis.substack.com/p/when-total...
April 20, 2025 at 8:49 PM
Fair question from another platform. I don't know what research they may be using. In TOD, two chapters cover the pro/anti camps. But the anti has been much more prominent over the decades. In the end, however, it comes down to philosophy, not finance. 1/3
danielxperis.substack.com/p/when-total...
danielxperis.substack.com/p/when-total...
Regardless of what the new administration does, it will take a long time to unwind the US soft power implications of a Singapore taxi driver humming along to the Carpenters Top of the World playing on the local pop station. 😀😃
March 19, 2025 at 2:08 AM
Regardless of what the new administration does, it will take a long time to unwind the US soft power implications of a Singapore taxi driver humming along to the Carpenters Top of the World playing on the local pop station. 😀😃
Signs of life in the universe: some modest evidence of the relationship between business success (or falling short) & a profit-sharing plan for company owners. Gives one hope....
March 18, 2025 at 6:37 AM
Signs of life in the universe: some modest evidence of the relationship between business success (or falling short) & a profit-sharing plan for company owners. Gives one hope....
Spotted in the wild at my new favorite bookstore in Kuala Lumpur!!
March 12, 2025 at 8:27 AM
Spotted in the wild at my new favorite bookstore in Kuala Lumpur!!
Some fan mail. T/y. I would read in reverse--1st Orange(2024) on what happens when rates stop going down after 40 yrs.
Then Green(2018) on the arc of MPT/CAPM, asking whether models from the 50/60s still make sense 60-70 yrs later.
Red(2013)/Blue(2011) books have their moments but are more dated.
Then Green(2018) on the arc of MPT/CAPM, asking whether models from the 50/60s still make sense 60-70 yrs later.
Red(2013)/Blue(2011) books have their moments but are more dated.
February 28, 2025 at 3:00 AM
Some fan mail. T/y. I would read in reverse--1st Orange(2024) on what happens when rates stop going down after 40 yrs.
Then Green(2018) on the arc of MPT/CAPM, asking whether models from the 50/60s still make sense 60-70 yrs later.
Red(2013)/Blue(2011) books have their moments but are more dated.
Then Green(2018) on the arc of MPT/CAPM, asking whether models from the 50/60s still make sense 60-70 yrs later.
Red(2013)/Blue(2011) books have their moments but are more dated.
Perfect symmetry? Barbell political economy?
February 27, 2025 at 12:25 AM
Perfect symmetry? Barbell political economy?
Mag7 going deep on capital expenditures, some $300 billion deep in 2025 alone. It begs the question, "Who's minding the store?"
danielxperis.substack.com/p/whos-mindi...
danielxperis.substack.com/p/whos-mindi...
February 17, 2025 at 8:19 PM
Mag7 going deep on capital expenditures, some $300 billion deep in 2025 alone. It begs the question, "Who's minding the store?"
danielxperis.substack.com/p/whos-mindi...
danielxperis.substack.com/p/whos-mindi...
One year later, the response to The Ownership Dividend has been all about Philosophy, not Finance.
danielxperis.substack.com/p/philosophy...
danielxperis.substack.com/p/philosophy...
February 8, 2025 at 7:07 PM
One year later, the response to The Ownership Dividend has been all about Philosophy, not Finance.
danielxperis.substack.com/p/philosophy...
danielxperis.substack.com/p/philosophy...
One century earlier....
January 27, 2025 at 10:24 PM
One century earlier....
History & culture matters. Putin channeling Dostoevsky's Raskolnikov.
Psychological history from @radchenko.bsky.social .
18 minutes very well spent.
H/t @engelsbergideas.bsky.social
podcasts.apple.com/gb/podcast/e...
Psychological history from @radchenko.bsky.social .
18 minutes very well spent.
H/t @engelsbergideas.bsky.social
podcasts.apple.com/gb/podcast/e...
January 26, 2025 at 3:19 AM
History & culture matters. Putin channeling Dostoevsky's Raskolnikov.
Psychological history from @radchenko.bsky.social .
18 minutes very well spent.
H/t @engelsbergideas.bsky.social
podcasts.apple.com/gb/podcast/e...
Psychological history from @radchenko.bsky.social .
18 minutes very well spent.
H/t @engelsbergideas.bsky.social
podcasts.apple.com/gb/podcast/e...
Your brief friendly reminder that there's nothing wrong, and a lot right, with being a minority owner of businesses thru the stock market, and being paid in cash.
www.youtube.com/watch?v=QDYd...
www.youtube.com/watch?v=QDYd...
January 22, 2025 at 5:18 PM
Your brief friendly reminder that there's nothing wrong, and a lot right, with being a minority owner of businesses thru the stock market, and being paid in cash.
www.youtube.com/watch?v=QDYd...
www.youtube.com/watch?v=QDYd...