Opinion: Why investors fell in love with SPACs — and how the bubble burst
By Daniele D’Alvia, Queen Mary University of London What do Taylor Swift’s record company and Asian “superapp” Grab have in common? They are both part of Wall Street’s recent deal-making fad: special purpose acquisition companies (SPACs). SPACs are shell companies that are floated on the stock market with one purpose: to buy another company. This Read More →
Opinion: CRT in schools debate generates more heat than light
By Steven Mintz The teaching of critical race theory in public schools is a hot topic and raises the question of whether it should be taught in our schools. What is it trying to accomplish? Supporters say it teaches K-12 students about equality and inequities in society. Critics claim it is teaching students that America Read More →
Opinion: We can equip ourselves with the tools to save our kids
By Danielle De Smeth Last year the Thacher School in Ojai turned to a team of lawyers at Munger, Tolles & Olson to document what many already knew: The school failed to properly protect its students and alumni — including by failing to follow up in some instances on students’ concerns about or reports of Read More →
Opinion: Lottery prizes can encourage vaccination, but they can’t replace trust
By Gary Charness Medical experts and the federal government have stressed the importance of reaching herd immunity, which requires that a high proportion of the population cannot fall prey to COVID-19. While there was a huge initial wave of interest, there are still many people who have not been vaccinated. This has led to the Read More →
Opinion: We might not see the inflation bus coming until it’s run us over
By John Grace Everybody wants to know the date things go sideways. As I am fond of saying, if we are jaywalking across the street it’s not the bus you do see that can disrupt our day, it’s the bus we didn’t see, couldn’t name, and was impossible to time. Global bubbles from the U.S. Read More →
Opinion: Remembering David Swensen, a giant in the investment world
By David Kreinces In early May, David Swensen, Yale’s legendary endowment chief, died of cancer at age 67. Swensen was famous on Wall Street for successfully diversifying Yale’s portfolio in a wide range of alternative investments, and he was also loved for his 2005 book on exchange-traded funds (ETFs). The book, “Unconventional Success,” showed Swensen’s Read More →
Opinion: Time to polish those interview skills, whichever side you’re on
By Kyle McIntosh The Department of Labor reported a record 8.1 million job openings in the U.S. at the end of March. While employers are eager to fill openings, it’s critical that managers are thorough in assessing candidates to ensure new hires fit their needs. Having interviewed hundreds of candidates during my 23 years in Read More →
