At the Money: Smart Spending vs. Not Spending  (June 18, 2024) Spending Scolds will tell you that a sailboat, a sports car, or even a latte will be your financial ruin. Is this accurate? Focusing on the cost without considering whether you can afford the items and what memories they create is the wrong calculus. In today’s ATM, we discuss...

    The transcript from this week’s, MiB: Erika Ayers Badan, CEO of Barstool Sports, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~   Bloomberg Audio Studios, podcasts,...

    A quick break from book authorship to share a fascinating set of data and charts, via Sam Ro. In his weekly missive, Sam points to some amazing charts from Global Financial Data. They are based on historical data that looks at 200 Years of Market Concentration. You might be surprised at the findings. As the chart above shows, stocks experience...

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The fast-food industry claims the California minimum wage law is costing jobs. Its numbers are fake: Here’s something you might want to know about this claim. It’s baloney, sliced thick. In fact, from September through January, the period covered by the ad, fast-food...

The weekend is here! Pour yourself a mug of  coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The ‘bottom whisperer’ will see you now. Back there. Proctologist Evan Goldstein has made a life — and a fancy living — off anal interventions, drawing ardent fans and curious skeptics. (Washington Post) • The Curious Case Of...

     This week, we speak with Erika Ayers Badan, CEO of Food52. She previously served as the CEO of Barstool Sports. Before joining Barstool in 2016, Ayers held leadership positions at Microsoft, AOL, Demand Media and Yahoo. She was named one of Forbes’ Most Powerful Women in Sports. Her new book is “Nobody Cares About Your Career: Why Failure...