The 2024 Nobel Prize in Economics Goes To…..

The Nobel in Econ (a/k/a The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) for 2024 was awarded a few days ago to Daron Acemoglu and Simon Johnson of MIT and to James Robinson of the University of Chicago. Here at Adam Smith, Esq., we try to... read more +

Reflections of a GC

In the spirit of generosity, which I hope is an active presence in your life but which is conspicuously abroad at this time of year, a regular reader granted me permission to share some of his reflections prompted by the recent column, "The End of Leverage?".  I have...

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Letter from London

Observant readers will have noted that I was in London all last week and so, as is our custom, a few observations about my time and conversations there and the state of the market. This has taken me awhile to compose because, frankly, I came away with a wide array of...

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The End of Leverage?

More so of late, but for some time, we’ve been harboring the suspicion that the glory days of the high-leverage model are over.  Could we be seeing the end of leverage? Of course, many management fads fashions tend to come and go, which is why we at Adam Smith, Esq....

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Tomorrowland Now Available in Spanish

Tomorrowland, our third book (2017), has just been released in Spanish translation--becoming Mundos del Manana.    Thanks to the multi-talented Antonio Leal Holguin, Director, Adam Smith, Esq. (Bogota and Santiago), for the translation and Chris Hoffman of faucethead,...

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Online Panel on The Big Four–With Janet Stanton

Dear Reader:  If you are free Tuesday 28th November at 11 am PST / 2 pm EST, please register for a one-hour panel "Big Four: Substance and Hype" featuring Stephen Poor, former managing partner of Seyfarth Shaw, and Adam Smith, Esq.'s very own Janet Stanton.  Here are...

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