MD&A

Thesis Drift

How to get out of hell

Jun 29 • 

Philo

27

7

1

April 2025

Wet Streets Cause Rain

Book Review: The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America - and How to Undo His Legacy

Apr 14 • 

Philo

25

14

December 2024

One Funeral at a Time

Why smart people become married to stupid ideas

Dec 31, 2024 • 

Philo

55

12

6

April 2024

Stock Buybacks, Demystified

Everything you wanted to know about stock repurchases but didn’t care to ask

Apr 21, 2024 • 

Philo

24

4

1

July 2023

Intellectual Laziness

Book Review: Power Failure

Jul 4, 2023 • 

Philo

51

9

9

March 2023

The Great Depositor Bailout

What constitutes a bailout?

Mar 14, 2023 • 

Philo

10

4

January 2023

Unconventional Strategies

What happened to Southwest?

Jan 4, 2023 • 

Philo

23

1

1

December 2022

Deregulation and Airfares

Did deregulation really lower airfares?

Dec 30, 2022 • 

Philo

22

Ride-Hailing, Revisited

Is ride-hailing broken?

Dec 24, 2022 • 

Philo

13

2

Classic Longreads: Oil and Airlines

Deep in the heart of Texas

Dec 6, 2022 • 

Philo

11

November 2022

What's Wrong with California?

A defense of the Golden State, and a modest proposal

Nov 12, 2022 • 

Philo

23

9

October 2022

It's Never the Subsidies

High speed rail, the subsidy narrative, and the midwit fallacy

Oct 22, 2022 • 

Philo

13

9