No. Dollar Shave Club’s Exit was F***ing Great. It’s essentially the template for small, disruptive consumer products companies. It’s also pretty impressive from a growth and valuation perspective: Only five years old Revenues in 2015 were $152m and are on track to exceed $200m in 2016 (>5% US market share) Subscriptions grew from 1,000 at year …
Correlation by xkcd, a webcomic Oh, the age-old correlation-implies-causation argument. Please reference the blog titled “How to Spot Advocacy Science: John Taylor Edition” posted yesterday by Freakonomics. It depicts charts prepared by Stanford professor John Taylor and acknowledged by Harvard professor Greg Mankiw (who also linked to the charts without a word about their veracity…until …
Brown Capuchin Monkey Comedians from the National Bureau of Economic Research (NBER) have hedge fund traders and financial bloggers snickering, including this must-read example at Mish’s Global Economic Trend Analysis. Some of their economic positions as committee members at NBER are highlighted in this Bloomberg article and summarized below: In April 2010, issued a statement …
