Tag: Buttonwood
Why you should buy your employer’s shares
It is not hard to see why Jamie Dimon owns a lot of shares in JPMorgan Chase. He is the bank’s boss and...
In praise of complicated investing strategies
Occam’s Razor is a cornerstone of the social sciences, and for financial economists it is almost an article of faith. The principle is...
Want better returns? Forget risk. Focus on fear
A recent study suggests a new paradigm for asset pricing
Japan’s dealmaking machine revs up
The corporate raiders of the private-equity (PE) industry have been memorably compared to invading barbarians. But the industry is more usefully described as...
Why 24/7 trading is a bad idea
Stock exchanges are the quaintest corners of modern finance. At other financial institutions, the typical trading floor features people in t-shirts sat at...
Stablecoins should cut America’s debt payments. But at what cost?
A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will...
Stablecoins might cut America’s debt payments. But at what cost?
A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will...
Don’t invest through the rearview mirror
Markets are supposed to look forward; plenty of investors look back instead
The dream scenario for prediction markets
If you could invent something to fulfill an economist’s dream, it would look an awful lot like a prediction market. A world where...
