Matt Levine is a Bloomberg View columnist writing about Wall Street and the financial world. He is a former investment banker, mergers and acquisitions lawyer, and high school Latin teacher. Levine was previously an editor of Dealbreaker. He has worked as an investment banker at Goldman Sachs and...
Using the Price of Magic to Estimate the Cost of Capital
What does it mean that the markets are in the middle of a passive investing revolution, in which index funds and exchange-traded funds are seeing huge inflows while active managers are struggling? Perhaps it is a revolution in investor behavior: Perhaps the investing public has read the efficient-markets literature, understood Sharpe's inequality, and decided to just buy and hold broad indexes of stocks.
Last week, American Airlines Group Inc. offered its flight attendants and pilots pay raises of about five percent and eight percent, respectively, and Wall Street research analysts reacted like cartoon villains:I feel like you are not supposed to write that? Though I guess it gives you some bragging rights at the weekly research department happy hour. "What did you write about this week?" "Oh, you know, reiterated my buy rating on Snap, you?"
Someday Juicero Inc. will fade from the news, and a bit of the enchantment will go out of the world. We'll go back to our humdrum everyday lives, and most of us will go weeks at a time without thinking about the machine that reads QR codes and connects to the internet in order to squeeze juice out of bags of wet produce.
@ericrodawig 1. maybe though it is not 100% easy to see how you fix this while still making CDS a general default instrument rather than a bond-by-bond hedge
2. GREAT QUESTION to which i do not know the answer though maybe it's "let's not be too ridiculous here folks"
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".