Financial News Friday – July 29, 2016
About That Billion-Dollar Dollar Shave Club Acquisition…
Dollar Shave Club and the Disruption of Everything
Great analysis of the rise of Dollar Shave Club and its sale to Unilever.
Dollar Shave Club: How Michael Dubin Created A Massively Successful Company and Re-Defined CPG
An inside look at DSC’s meteoric rise from one of its venture capital investors and board members.
The Japanese yen went through the roof, and the dollar is plunging
Bit of a hyperbolic headline, but Japan’s newest tweak to its economic stimulus gave a boost to the Yen versus the dollar.
Is Active Management Dead? Not Even Close
Good summary of why a lot of active managers underperform. Closet indexing, low active share, overly large funds, over diversification.
Fed Doves Won’t Be Able to Rule the Roost Forever
The metrics by which the Fed determines whether to increase interest rates are improving, but with negative interest rates spreading abroad, is the market really capable of supporting higher rates?
Maybe Negative Yields Are a Sign of Prosperity
I disagree with his arguments, as it seems it’s a “let’s rationalize this situation” type of argument, but it’s always good to read apposing viewpoints.
Fortune 500 Firms With Cash In Offshore Tax Havens
Source: VisualCapitalist
Other things I’m reading:
This Is the Olympics On Technology—When Enhancement Is the Norm
The Human Connectome Project zeroes in on the firmware of the brain
Video: 10 Things You have Heard and Re-told but are Completely False – Neil deGrasse Tyson