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Albert's Import
Albert's Import
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Markets - Albert's Import
Don’t Mind the Share Price (Hint: It Fluctuates Wildly, Reality Does Not)
Albert's Import
Jan 25
The magic of markets is that they aggregate information from lots of individual actors into prices. As such they are an amazing coordination mechanis...
Don’t Mind the Share Price (Hint: It Fluctuates Wildly, Reality Does Not)
Albert's Import
Jan 25
The magic of markets is that they aggregate information from lots of individual actors into prices. As such they are an amazing coordination mechanis...
The Purpose of a Corporation
Albert's Import
Aug 21
On Monday of this week the Business Roundtable, an organization which “represents chief executive officers (CEOs) of America’s leading companies,” pu...
The Purpose of a Corporation
Albert's Import
Aug 21
On Monday of this week the Business Roundtable, an organization which “represents chief executive officers (CEOs) of America’s leading companies,” pu...
Some Thoughts on Surge Pricing
Albert's Import
Dec 19
I am sympathetic to Uber’s basic argument that surge pricing is the market at work as (a) nobody is being forced to take an Uber and (b) raising pric...
Some Thoughts on Surge Pricing
Albert's Import
Dec 19
I am sympathetic to Uber’s basic argument that surge pricing is the market at work as (a) nobody is being forced to take an Uber and (b) raising pric...
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Valuations: Public and Private Markets Misleading Each Other?
Albert's Import
Mar 5
With the NASDAQ going above 5,000 for the first time since the year 2000 valuations in tech are once again on everyone’s mind, mine included. It has ...
Valuations: Public and Private Markets Misleading Each Other?
Albert's Import
Mar 5
With the NASDAQ going above 5,000 for the first time since the year 2000 valuations in tech are once again on everyone’s mind, mine included. It has ...
Bad Takes on Taxing Wealth (Especially Billionaires)
Albert's Import
Nov 8
The discussion around taxing wealth, and in particular billionaires, has been illuminating. Not in the sense of learning something new but rather see...
Bad Takes on Taxing Wealth (Especially Billionaires)
Albert's Import
Nov 8
The discussion around taxing wealth, and in particular billionaires, has been illuminating. Not in the sense of learning something new but rather see...
A (Slight) Misunderstanding About Insurance
Albert's Import
Feb 6
Later today I will be meeting with the students in Gary Chou’s Entrepreneurial Design SVA class (which Gary and Christina started together last year)...
A (Slight) Misunderstanding About Insurance
Albert's Import
Feb 6
Later today I will be meeting with the students in Gary Chou’s Entrepreneurial Design SVA class (which Gary and Christina started together last year)...
Is the Stock Market High?
Albert's Import
May 2
The stock market indices are above their pre financial crisis highs. One interpretation of this is that the financial crisis was just that: a crisis ...
Is the Stock Market High?
Albert's Import
May 2
The stock market indices are above their pre financial crisis highs. One interpretation of this is that the financial crisis was just that: a crisis ...
Albert's Import
Albert's Import
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Networks, Firms and Markets
Albert's Import
Aug 17
There has been a renewed interest in the impact that digital technology is having on the boundaries of the firm. In particular there is a sense that ...
Networks, Firms and Markets
Albert's Import
Aug 17
There has been a renewed interest in the impact that digital technology is having on the boundaries of the firm. In particular there is a sense that ...
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Albert's Import
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Albert's Import
