PinnedByrne Hobart·Sep 2, 2020Duration and Convexity [Concepts Series]Duration is a fundamental financial concept, but it’s more part of the fixed income investor toolkit than the equity investors’. For…A response icon1A response icon1
InIndexbyByrne Hobart·Jan 5, 2021Yes, the Pandemic Could Ultimately Save the Coworking IndustryDropbox, WeWork, and Google all think they have the playbook for the part-time officeA response icon7A response icon7
InMarkerbyByrne Hobart·Sep 29, 2020Why the Survival of the Airlines Depends on Frequent Flyer ProgramsIt turns out frequent flyer programs are worth more than the airlines themselvesA response icon7A response icon7
InMarkerbyByrne Hobart·Sep 9, 2020No One’s Splitting the Bill, But Venmo Is SurgingHow Venmo has become PayPal’s pandemic secret weaponA response icon3A response icon3
Byrne Hobart·Aug 24, 2020Discounted Cash Flow [Concepts Series]Economics nerds always complain that you should never compare stocks to flows. It’s meaningless to say that one company’s cash on hand is…
InMarkerbyByrne Hobart·Aug 24, 2020How DraftKings Stayed Competitive in a World Without SportsHere’s why investors are bullish on a fantasy sports betting company that went public when sports and casinos were shut down
Byrne Hobart·Aug 17, 2020Years Matter More Than Ears When Evaluating Music InvestmentsYou don’t have to understand why a catalog keeps on producing royalties to know that it does.
InMarkerbyByrne Hobart·Jul 29, 2020What Exactly Is Uber’s End Game?Food delivery is a losing game — so why is the most aggressive unicorn on the planet betting everything on it?A response icon8A response icon8
InMarkerbyByrne Hobart·Jul 28, 2020Why SPACs Are the New IPOThe traditional route to going public is too slow for companies that want to cash in on hypeA response icon1A response icon1
Byrne Hobart·Jul 10, 2020Why Are Toys Such a Bad Business?This is the once-a-week free edition of The Diff, the newsletter about inflections in finance and technology. The free edition goes out to…
![Duration and Convexity [Concepts Series]](https://miro.medium.com/v2/resize:fill:160:106/1*sId1I-O1GXScie24NpUXyQ.png)
![Duration and Convexity [Concepts Series]](https://miro.medium.com/v2/resize:fill:320:214/1*sId1I-O1GXScie24NpUXyQ.png)
![Discounted Cash Flow [Concepts Series]](https://miro.medium.com/v2/resize:fill:160:106/1*JomuhCQR9zZNPV4VyhlkZg.png)
![Discounted Cash Flow [Concepts Series]](https://miro.medium.com/v2/resize:fill:320:214/1*JomuhCQR9zZNPV4VyhlkZg.png)
