10 Businesses Legendary Investor Nick Sleep Would Be Buying Today.
10 companies today that meet the criteria to be included Nomad Partnership’s portfolio.
The Good, the Bad and the Ugly of Insurance Financing
Insurance “float” is cheap capital that can sit for decades. How financiers, from the 1960s conglomerates to private credit today, buy insurers to unlock that pool for dealmaking, and why the blowup risk could take years to surface.
Taxpayer-Funded Sports Stadiums Are a Massive Scam
Cities keep handing billions to sports owners for new stadiums as a part of “economic development.” But the evidence says the payoff is tiny and concentrated, while taxpayers get higher prices and fewer benefits. If the public funds it, should it be treated like a public good.
Duke Dynasty: The Legacy of the American Tobacco Monopoly
An amazing origin story starting with a devasted farm post civil war to betting early on cigarettes to become the largest tobacco company.