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Morgan Housel

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All Sarbanes-Oxley (6)Future Capitalism (6)Collaborative Fund (6)IPO (6)Uber (1)Time (1)Index Funds (1)Business That Works (1)Capitalism (1)Stock Market (1)S&P 500 (1)

From “Simple Rules of Capitalism”

People desire control over their time more than almost anything. This is true of consumers, whose tastes in fashion comes and goes but whose desire to not wait in line or waste a weekend getting their car fixed is timeless. It’s true for employees, most of whom want to work hard but question…

Time Uber Business That Works Capitalism

From “The Bad Side of a Good Idea”

Consider that in 2015, more than 100% of the S&P 500’s gain came from Facebook, Apple, Netflix, and Google

Collaborative Fund Sarbanes-Oxley IPO Future Capitalism Stock Market

The math of stock market returns blows people’s minds. According to research from J.P. Morgan Asset Management, the median stock in the Russell 3000 Index underperformed the overall index by almost 100 percentage points from 1980 to 2014. Fully two-thirds of stocks in the index underperformed the…

Collaborative Fund Sarbanes-Oxley IPO Future Capitalism

NYSE measured the distance to the furthest cabinet, which is where people put their servers. It was 185 yards. So they gave every [high-frequency trader] a cable of 185 yards. Then, traders who were previously closer to the [exchange server] asked to move to the farthest end of the building. Why?…

Collaborative Fund Sarbanes-Oxley IPO Future Capitalism

In 1990 there were 610 hedge funds managing $39 billion of assets, according to Hedge Fund Research. Today there are nearly 10,000 hedge funds controlling more than $3 trillion of assets. There are another 9,000 mutual funds in the United States, bringing the number of actively managed fund…

Collaborative Fund Sarbanes-Oxley IPO Future Capitalism

The amount of time the average stock is held for has fallen off a cliff, from more than seven years to less than one.

Collaborative Fund Sarbanes-Oxley IPO Future Capitalism

The number of publicly traded U.S. companies peaked in 1996 at 7,322. Today there are just over 3,700, according to data from Wilshire Associates. The U.S. population has risen nearly 50% since 1975, and real GDP has tripled. But the number of public companies has declined 21%.

Collaborative Fund Sarbanes-Oxley IPO Future Capitalism

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