New paper on Anonymous Lemons
European Financial Managment has just published ‘Symmetrical Ignorance: The Cost of Anonymous Lemons.’ It’s (kind of) a 50th Anniversary ‘inversion’
Read MoreRuminations
Growing scholarships offered by the Indian Women Scientists Association.
Good to see their scholarships for “girl students” in science (;-)) keeps growing. I gave one in my parent’s name
Read MoreSpeculations and Near Certainties about Covid’s consequences
Trimmed and anonymized talk given to a group in London (whose identity has been edited out). Ive also removed the
Read MoreConfronting our inhumanity
I regard death from disease, storms, earthquakes, accidents, and misadventures as an integral part of the natural order. Certainly sad
Read MoreImpossible Shoes, difficult timing
From the May 14 2020 Scottish Mortgage Investment Trust Board announcement: “Professor John Kay has decided not to stand for
Read MoreHindu/Vedantic views on life and death (rather personal!)
An oped in today’s WSJ about “Rage[ing] Against the ‘Bioethicists’ and the Dying of the Light” reminded me how different
Read MoreHonesty in Pandemic Modelling
This fine post by Maria Chikina (Pitt) and Wesley Pegden (CMU) reaches important if unpalatable conclusions, including: “There is a
Read MoreCase History Project Launched
We (Amar Bhidé, Srikant Datar, and Katherine McCaffrey) with the generous support of David Roux) have started a project to
Read MoreLiquidity tradeoffs (HLS blogpost)
http://blogs.law.harvard.edu/corpgov/2014/08/26/the-hidden-costs-and-underpinnings-of-debt-market-liquidity/#more-65323 Market Liquidity Posted by June Rhee, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Tuesday August 26,
Read MoreWhat is liquidity anyhow?
For geeks (and bitcoin fans):I got a referee report on my liquidity paper earlier this week that said (among other
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