What’s really interesting is that the law firm has essentially made the classic mistake that most of the failing financial firms made leading up to the credit crisis – a mismatch between long-term liabilities and short-term funding…

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“The Scream,” one of the most recognizable paintings in the world, which sold this week at Sotheby’s for $120 million, could have been lost to the Nazis…

“many people – including people with real money at stake – consider the WSJ a reliable source and people like, well, me flaky and unbelievable.”

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“And you could just sample a Led Zeppelin record? That was O.K.?”

When people ask “where’s the volume” in the public markets, I try to explain that there are several factors responsible for the dearth.  One factor that I never hear mentioned is that the public’s predilection is to own index ETFs or mutual funds instead of buying individual stocks and bonds.  They’ve learned that it rarely…

Namaste, Adam and thank you for everything.

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