- May 31, 2018
Wall Street Fired Too Many People
Everyone knows that Toys “R” Us went bankrupt. Very sad. And largely preventable (we will save the private equity conniption for another week).
Read moreThe 10th Man Archive, May 2018
- May 24, 2018
When Rates Go Up, Stuff Blows Up
I’ve said the title of this issue a few times before in The 10th Man. When rates go up sharply, stuff blows up, because lots of people are negatively exposed to higher rates.
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- May 10, 2018
The Liquidity Problem
Individual investors generally don’t think about liquidity. You send a market order for 200 shares of something, it gets filled instantaneously, no problem.
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- May 3, 2018
The Taxi Driver
I read a study once that showed that cab drivers usually go home at the end of their shift. Given the opportunity to keep driving and make more money, they almost never do. Once they put their 8 hours in, they are done and they go home.
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