Last week, OpenAI founder Sam Altman sat down for an interview with venture capitalist Brad Gerstner and Microsoft CEO Satya Nadella. Both are investors in OpenAI, so it seemed like a friendly audience. But Gerstner posed a question that seemed to make Altman uncomfortable. Since introducing [...]
Managing a pricey market
Stock market investors are enjoying yet another strong year. The S&P 500 has gained about 14% so far, shrugging off, for the most part, uncertainty over tariffs, interest rates and the latest government shutdown. Should this worry us? Since ancient times, soothsayers have been [...]
How not to invest
Barry Ritholtz’s new book, How Not to Invest, offers investors a cautionary tale—many of them, in fact. Ritholtz has been in and around the investment industry for more than 30 years—as a trader, a journalist and, most recently, as cofounder of a wealth management firm. In short, he is no stranger [...]
Managing concentration risk
Larry Ellison, the cofounder of Oracle Corporation, recently became the world’s wealthiest person. Oracle, a software company, isn’t nearly as large as its peers. So how did Ellison’s net worth manage to surpass that of Bill Gates, Jeff Bezos and the founders of other much larger companies? The [...]
Remembering Jonathan Clements
Jonathan Clements liked to joke that he was born at 6:00am and on January 2nd, “thus establishing a lifetime habit of starting early.” But he truly did get a fast start and seemed to waste no time. Jonathan—who passed away this week—discovered his love of writing early on. He [...]
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