Economy
Source: https://www.bloomberg.com/opinion/newsletters/2026-09-22/who-cares-if-a-merger-is-fair RIP appraisal? Last March, Silver Lake, the private equity firm, bought out the minority shareholders of a company it controlled for less than their shares were worth. This wasn’t quite its fault. 지난 3월, 사모펀드인 실버 레이크(Silver Lake)는
Economy
Source: https://www.oaktreecapital.com/insights/memo/shall-we-repeal-the-laws-of-economics For months, I’ve been saving up clippings for a memo on the above topic, but favorite subjects such as risk, debt, and uncertainty repeatedly jumped the queue, delaying my intended memo until the U.S. election season got into full swing,
Economy
Source: https://www.tker.co/p/exposure-therapy-for-investors-lazaroff-book The stock market falls almost every other day. Often, you’ll see the market slide a percent or two in a given week. Sometimes, those modest declines turn into 5% pullbacks. Occasionally, those pullbacks will morph into a 10% correction. And suddenly you’
Economy
Source: https://www.tker.co/p/spiva-1h-2026-active-manager-vs-benchmark It remains tough to generate stock market returns that beat (or outperform) a passively managed fund tracking the S&P 500. 에스앤피 500(S&P 500) 지수를 추종하는 패시브 펀드의 수익률을 앞서거나(아웃퍼폼) 상회하는 주식 시장 수익을 올리기는 여전히 어렵습니다. According
Economy
Source: https://www.bloomberg.com/opinion/newsletters/2026-09-14/ai-labs-want-someone-to-stop-them P(doom) When it goes public, probably this year, Anthropic PBC “is likely to tell investors its potential revenue opportunities are above $30 trillion, topping SpaceX’s $28.5 trillion estimate.” That would give Anthropic the largest total addressable market in