Author Archives: Felix

Slate Money on Winners Take All, Silicon Valley’s Saudi Arabia problem, and the alarming IPCC climate report.

The best-performing sector of the American stock market this year, bar energy, has been the “consumer discretionary” category — the companies that sell the things we like to buy but don’t have to buy.

Slate Money on Trump’s Taxes, the “big hack”, and shake-ups at GE.

If this week taught us anything, it’s that being brutally attacked by the billionaire co-founder of your most valuable subsidiary will generate bad press but no real damage. Getting sued by the SEC, on the other hand, hurts.

Slate Money on Thinking in Bets with former professional poker player Annie Duke, why Elon Musk should get some sleep, and the thinking behind billionaire disaster planners.

Your friends might not know much about wine, but you’d be surprised how much they can teach you, all the same.

The world’s smallest violin is playing for the owners of English Premiership soccer teams.

Slate Money on Billion Dollar Whale, multibillion-dollar heists, sovereign wealth funds, and the trade war with China.

Impact investing would seem an unlikely business for avaricious private equity funds. But many are embracing what they see as a new opportunity. Should we be sceptical or see private equity’s buy-in as proof of the impact investment concept?

What you’re seeing here is something between a bubble and a random number generator.

The tech giants’ accountability crisis continues

Slate Money on the financial collapse 10 years later, how it brought on fracking, and a look at the future of the markets.

“Billion Dollar Whale,” the gripping new book from the WSJ’s Bradley Hope and Tom Wright, details the way that Jho Low, grifter and social climber extraordinaire, managed to steal billions of dollars from the people of Malaysia He couldn’t have … Continue reading →

Slate Money on Nike and Kaepernick, Les Moonves and Warner Bros., and Modi’s failed cash crackdown.

What’s worth more — a company that sells $250 billion of stuff every year at a profit margin of 22%, or a company that sells $200 billion of stuff every year at a profit margin of 3%?The answer: It’s surprisingly … Continue reading →

Far from being a billionaire, Stevanovich hasn’t even managed to meet his existing pledges to his alma mater.

Slate Money on new NAFTA negotiations, the state of legal weed, and a look at new labor proposals before the holiday.

SEC chairman Jay Clayton wants to make it easier for retail investors to put money into private companies. This is a terrible idea.

You can’t create a Fox News for social.

Slate Money on white-collar crime, the aging bull market, and Greece’s exit from its bailout.

It’s an interesting bit of research, but it’s preliminary and mostly focused on methodology.

A few theories.

The AI project was supposed to change the state of cancer treatment. Here’s what happened instead.

Slate Money on corporate responsibility, Dollar General, and New TV.

More than anything else, that’s the takeaway from his jaw-dropping New York Times interview.