Notes in times of quarantine #2

I went yesterday to a blood drive held at St. Patrick’s Church in Rittenhouse Square. Out of all Philadelphia’s squares it’s probably the most beautiful one. Perhaps it’s the combination of old and new architectures, or the grand stone fountain in the middle that’s reminiscent of European towns. The place usually buzzes with people, drinkingContinue reading “Notes in times of quarantine #2”

What are the origins of mass?

Came upon this excellent lecture by Jim Baggot, english physicist, philosopher and science writer on what our current understanding of mass is. Rarely does one find someone who speaks lucidly about a complex subject such as particle physics, intermixed with humor and softened by the palpable awe which Jim has towards the science. I willContinue reading “What are the origins of mass?”

Note on the 2020 Coronavirus stock market drop

It’s safe to say no one saw a drop this big coming. Coming off an all-time high just a few weeks ago, the market has had the lowest percentage drop since 2008. The speed at which this market collapsed is unprecedented. This drop was facilitated by high-frequency trading algorithms running at speeds that sometimes defyContinue reading “Note on the 2020 Coronavirus stock market drop”

Intrinsic Valuation

According to professor Damodaran, the intrinsic valuation of a business is the “expected cash flows on the asset over its lifetime and the uncertainty about receiving those cash flows.” The professor calls this, “discounted cash flow valuation.” What’s something that cannot be analyzed with this model? Things that don’t generate cash flows – ie. aContinue reading “Intrinsic Valuation”

First steps in valuation

Valuing companies and taking a calculated risk by investing in them is the basis of a value investor. Although my knowledge in this area is sparse, I’ve found NYU professor, Aswath Damodaran to be enlightening, funny, and sane in his approach to valuation. I’ve posted a link to his website where you can find resourcesContinue reading “First steps in valuation”

The more things change the more they stay the same

The title is a direct quote from the initial credits of the 2008 video game, Call of Duty Modern Warfare 2. No kidding. If my patient readers haven’t left the building already, I’d like to elucidate why I believe this rings particularly true with the younger crowds today when it comes to social media. We,Continue reading “The more things change the more they stay the same”