GameStop, Wall Street, and Wall Street Bets: A Primer

"May you live in interesting times" The world of Wall Street and the stock market is paradoxically exciting and mundane—often volatile, yet predictable in its volatility. This is the typical state of things. This past week, however, was anything but typical. While many celebrate what could be described as one of the greatest transfers of … Continue reading GameStop, Wall Street, and Wall Street Bets: A Primer

Net Worth Does Not Mean What You Think It Does

On January 7th, 2020, Elon Musk surpassed Jeff Bezos as the richest person in the world. Propelled by Tesla's seemingly unstoppable rise to an over $770 billion market capitalization, Musk's net worth swelled to $185 billion. To the surprise of no one, the indictment of the growing wealth of the über rich began immediately. And … Continue reading Net Worth Does Not Mean What You Think It Does