A Fable on Cheating Time: Zombies, Unicorns, & The Tortoise

There is a grand economic fable that has been unfolding over the past two decades, one filled with mythical creatures and great fantasy. The main character of this fable is the grand wizard of the markets, The Federal Reserve.  Like all great fables, it starts with magic.  Over the last twenty years, the grand wizard […]

Venture Capitals Existential Crisis: The Disintermediation of Institutional Capital

Investing in emerging technologies and industries has traditionally been the realm of venture capitalists and only the most elite could participate in this close circle.  The venture capital industry ushered in a great generation of innovation and a new take on investment strategies.  However, as the industry matured and institutionalized it has lost its original […]