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I can’t vouch for much of academic finance. When it comes to this field, academics tell us all about beta, risk adjusted this and Sharpe weighted that. Though the reality of the situation is that finance and economics are not easily definable subjects with physics-like rules, academics try to prove otherwise, [...]
I came across a terrific article today detailing Bill Gates’ step down from MIcrosoft. It seems that Gates is entering philanthropy with the same zeal as he once had for personal computing. He and his wife, Melinda, are targeting issues such as world health and education with decabillions in firepower.
The article today from Fortune speaks [...]