I had a great time being a part of history on Friday as the world’s second largest IPO of all time and the US’s largest, Alibaba, made its initial public offering on the New York Stock Exchange. These are the days you don’t forget. I snapped a few interesting pics before doing the Halftime Show…
Joshua M Brown
Gatorade’s Farewell Derek Jeter Commercial
4.7 million views and counting in the two days since Gatorade released their farewell to Derek Jeter commercial online. I’m a sucker for Frank Sinatra playing over black-and-white visuals of my city. Permit me this indulgence 🙂
The week when everything (and nothing) happened
In case you’re keeping score, last week was supposed to have been the most momentous week ever for the global equity and bond markets. All kinds of huge stuff was happening – the largest IPO in US history was supposed to slam the markets as it sucked up capital, the iPhone 6 and its giant…
iPhone 6: Adventures in Global Manufacturing
below, a fascinating infographic depicting the truly global effort that goes into building an iPhone 6. Virtually every region around the world is involved, with suppliers from nations as disparate as Japan and the Netherlands, and assembly sites as far-flung as Brazil and China. With some 50 million units expected to ship by year-end, labor and design…
quotation art
Toronto based artist Ryan McArthur takes some of history’s best quotes and marries them with a visual representation. My favorite one above, see the rest at the link below: A CLEVER VISUAL REPRESENTATION OF FAMOUS QUOTES (Marvelous)
Bitcoin at Major Support, Now What?
When you value a stock, you have many levers you can pull to come up with an answer for “fair value” – whether it’s price-to-book-value or a PE ratio or some sort of discounting of future cash flows. When you value a commodity, you have actual real-world supply-vs-demand dynamics on your side – Will we…
This Week on TRB
(On the floor of the NYSE for Alibaba’s IPO on Friday, September 19th 2014, with CNBC’s Sara Eisen.) These were the most read posts on the site this week, in case you missed them:
Vanguard Surpasses the Entire Hedge Fund Industry’s AUM
A hilarious and possibly poignant stat from Kirsten Grind at the Wall Street Journal: Vanguard Group reached $3 trillion in global assets under management for the first time, a company spokesman said Thursday, a record for the country’s largest mutual fund firm. It’s also apparently accumulated more assets than the entire hedge fund industry, which reached $3…
(this is where my Alibaba post would be)
I’m in a deli outside of Columbia University right now, killing a bit of time before lecturing a room of 400 students on entrepreneurship. This should be fun / weird. I was going to say a few things about today’s Alibaba IPO here but then I thought, “What’s left to say that anyone hasn’t already…
Chart o’ the Day: How’d those other giant IPOs do?
via Joseph Ciolli at Bloomberg News: Four of the five largest companies to list on U.S. exchanges plunged more than 17 percent in the year after going public, the CHART OF THE DAY shows. The exception, Visa Inc., soared 28 percent raising $19.7 billion in 2007. Alibaba, set to be the biggest IPO in U.S….
