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Musings on Markets — Aswath Damodaran·Aug 20

AI's Bar Mitzvah Moment: From Hype & Hope to Business Questions!

Foreword: I wrote and posted this piece on August 20, 2026, with the promise that I would listen to feedback and try to respond and incorporate ideas and suggestions. To keep this promise, I will edit this piece over time and reflect the changes I make. Original post: August 20, 2026 First update: August 21, 2026 - Updated AI TAM table to make explicit implications of AI market size for other…

Net Interest — Marc Rubinstein·Aug 14

Financing the AI Boom 3

Musings on Markets — Aswath Damodaran·Aug 11

The Situational Awareness Blow-up: The Collateral Damage from Investing Conviction!

Earlier this year, I was asked what I thought about Leopold Aschenbrenner and I admitted that I knew little about him other than what I had read about him, more in social media, than in the press - that he was a 25-year-old wunderkind who had started at OpenAI but had left to start a hedge fund. That hedge fund, built entirely around a bet that AI would pay off big time and near term, buying…

Net Interest — Marc Rubinstein·Aug 3

Leopold’s Fall

Situational Awareness and Amaranth 20 Years Apart

Dave Johnson·Jul 31

I endorse every word of this. (Too bad @matthewstoller.bsky.social chooses to post on the Nazi website.)

Musings on Markets — Aswath Damodaran·Jul 29

Information Timing and Release: The Gaming of Guidance!

I am a lapsed academic, insofar as I have not submitted a paper for publication in more than two decades, but to acquire academic status, I did have to earn a PhD in the distant past. My doctoral dissertation, which like most doctoral theses is little noted and long forgotten, was completed in 1984 and focused on how the frequency of and delays in the release of information plays out in stock…

Net Interest — Marc Rubinstein·Jul 24

PayPal, Declined

Matt Stoller·Jul 24

Here are the liberal corporate lawyers helping Trump take over the media through corruption and flouting the law.

BBC Business·Jul 22

Why the UK is dithering over what to do about e-scooters

Why is it taking so long for the government to regulate them, and what are the consequences of delay?

Senator Chris Van Hollen·Jul 22

If this merger goes through, CBS, CNN, TikTok, & more will all be controlled by Trump-megadonor Larry Ellison & his son, giving Trump & the billionaire class unprecedented control over what we see…

If this merger goes through, CBS, CNN, TikTok, & more will all be controlled by Trump-megadonor Larry Ellison & his son, giving Trump & the billionaire class unprecedented control over what we see. Glad to see state attorneys general taking a stand for a free press & democracy.

Net Interest — Marc Rubinstein·Jul 17

Too Big to Succeed

Musings on Markets — Aswath Damodaran·Jul 15

Country Risk: Drivers, Measures and Investment Implications - The 2026 Edition!

I am a creature of habit in my personal and professional life, and in the context of the content that I post online, there is a ritual that I follow with my data updates. I start the year with my general data update online, and follow up with a series of posts where I examine the implications of this data for investing and corporate finance. Since 2008, I have also done annual update papers on…

Net Interest — Marc Rubinstein·Jul 10

Options for Everyone

How the National Stock Exchange of India built the world’s busiest equity derivatives market

Matt Stoller·Jul 5

I think Elon Musk explicitly coming out against democracy should probably tell us something about the nature of extreme wealth.

Matt Stoller·Jul 5

The vast theft of wealth by Wall Street, Trump and corporate America is pretty much an endorsement of socialism. When you foster a legal system where property ownership has nothing to do with merit…

The vast theft of wealth by Wall Street, Trump and corporate America is pretty much an endorsement of socialism. When you foster a legal system where property ownership has nothing to do with merit but only raw power you foster this political reaction.

Brad Johnson·Jul 3

hey I know let's do 100 low-altitude jet flyovers and explode 850,000 fireworks in 100°F+ heat over a city of 800,000 Americans

Net Interest — Marc Rubinstein·Jul 3

Stretch Marks

Matt Stoller·Jul 2

Yes, it turns out there's good evidence that incredibly high egg prices from 2022-2025 were the result of a conspiracy.

BBC Business·Jun 30

Why Gen Z are planning for life without a state pension

Many younger people do not believe the state pension will exist when they are older

Net Interest — Marc Rubinstein·Jun 26

Duffy’s Last Dance

Kelsey Atherton·Jun 24

It's so funny that The Atlantic started as an abolitionist journal and is now, among other things, the retirement home for Bush-era xenophobes

Net Interest — Marc Rubinstein·Jun 19

The Transfer Market

Musings on Markets — Aswath Damodaran·Jun 18

SpaceX, OpenAI and Anthropic: The S&P 500 Inclusion Question and Investment Consequences!

Over the last few weeks, attention has (rightly) been focused on three potentially trillion dollar companies all lined up to go public, and much of the discussion has been about what SpaceX, Anthropic and OpenAI are worth (and will be priced at). In parallel, there has been a debate about indices and index inclusion criteria, a usually bland topic, but one that has become heated on the questions…

Dan Primack·Jun 18

Bernie Sanders unveils AI "tax" plan

Matt Stoller·Jun 16

I wrote up an obvious reason why the war in Iran didn't crash the economy. America prepared for it by stockpiling oil, a decision made in the 1970s when we aggressively managed markets with public…

I wrote up an obvious reason why the war in Iran didn't crash the economy. America prepared for it by stockpiling oil, a decision made in the 1970s when we aggressively managed markets with public power. There's a lesson here - preparing for shocks works. www.thebignewsletter.com/p/one-obviou...

Bridget Phillips·Jun 16

This podcast episode (hosted by @ddayen.bsky.social and @matthewstoller.bsky.social) on how Meta is dying has an amazing, must listen side discussion on resistance to authoritarianism. Starts at…

This podcast episode (hosted by @ddayen.bsky.social and @matthewstoller.bsky.social) on how Meta is dying has an amazing, must listen side discussion on resistance to authoritarianism. Starts at 36:00. pca.st/episode/6aa8...

Matt Stoller·Jun 16

I really enjoyed doing this show with Julia Angwin on why Facebook is dying. Along with an interesting discussion of how authoritarian systems.

Norm Eisen·Jun 15

Shocked but not surprised Why would Trump DOJ not wait for or respect views of career staff? Hmm 🤔

Matt Stoller·Jun 10

What we learned last night with the Platner loss is that Bluesky is real life.

Matt Stoller·Jun 10

Graham Platner's win is a pretty ugly moment for the oligarchs.