Random Walk at Night

Private capital under pressure (republished)

Random Walk at Night: Still no exits, and there isn't enough rescue money for everyone

Jun 7 •

Moses Sternstein

Sohn Conference, Part II

All the shorts and the fireside discussions

Apr 12

Sohn Conference, Part I

All the Long ideas

Apr 10 •

Moses Sternstein

National Nursing Home v. Finance Bros (republished)

Random Walk at Night: Evidence of coexistence is slim, but everyone seems to think otherwise

Mar 29 •

Moses Sternstein

A capital-lite economy

Random Walk at Night: An unexpected reason why high rates haven't mattered that much shouldn't have been unexpected at all

Mar 1 •

Moses Sternstein

Random Walk at Night: Chart desiderata

Feb 23 •

Moses Sternstein

Adult in the room

Random Walk at Night: Mr. Powell says what everyone should be thinking

Feb 9 •

Moses Sternstein

A multi-armed bandit

Random Walk at Night: Focusing on focusing

Feb 2 •

Moses Sternstein

Real Estate Rundown (residential edition)

Random Walk at Night: Gathering thoughts and links and graphs on the state of housing

Jan 31 •

Moses Sternstein

Upwardly Mobile are Less Upwardly Mobile

Random Walk at Night: "Help Wanted" at the Nursing Home, but MBAs need not apply

Jan 17 •

Moses Sternstein

The Bandwagon Effect

Random Walk at Night: If there's a really big deal and no one seems to care, is it still a big deal?

Jan 12 •

Moses Sternstein

Startups earn their valuations (or die trying)

Random Walk at Night: How a startup scandal augurs more to come

Jan 10 •

Moses Sternstein

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