Author: Saj Karsan

For the US economy to start growing again, many believe the housing market must reach a bottom. Overbuilding coupled with a drop in demand has resulted in an oversupply in the housing market, causing a huge drop in construction....

The following summary was written by Frank Voisin, who regularly writes for Frankly Speaking. Recently, Frank sold four restaurants and returned to school to complete a combined LLB/MBA.Chapter Four: Randomness, Nonsense, and...

Sometimes, a public company (say Company A) will own shares in another public company (say Company B). When Company A’s ownership stake in Company B is worth more than the market cap of Company A, clearly the market has...

The following summary was written by Frank Voisin, who regularly writes for Frankly Speaking. Recently, Frank sold four restaurants and returned to school to complete a combined LLB/MBA.Taleb uses this chapter to introduce Monte...

When we looked at Spark Networks’ glowing P/E, we noticed that it was due in large part to a huge tax benefit due to past operating losses. Since this tax benefit would not occur in the future, the company’s current...

The following summary was written by Frank Voisin, who regularly writes for Frankly Speaking. Recently, Frank sold four restaurants and returned to school to complete a combined LLB/MBA.Taleb introduces the concept of...

In undoubtedly the worst article I’ve ever read on Forbes.com (and there have been many candidates), writer Frank Beck suggests the world should instantaneously devalue all currencies by 30%, thereby increasing the dollar...

As we’ve discussed before, the airline industry is a cyclical one. Due to the terrorist attacks in the last recession, that recession was particularly difficult for airlines. So far during this recession, however,...