For a few brief moments, my stock holdings in my former employer were hypothetically worth $5 million. This is the wild story of how I realized less than 1% of that value. I’ll be pretty specific about some of the numbers, because equity compensation is a mystery to most people. Until I went...
A little less than four years ago, I wrote a post about home prices in Silicon Valley and how they relate to stock prices and Bitcoin. It was one of the most popular posts on my blog from 2017. The original compared housing prices in Palo Alto to a few of the largest technology companies in...
On March 8th, Dick Weil, co-CEO of London-based Janus Henderson Investors,wrote an op-ed in the Wall Street Journal arguing that the SEC should prevent index-funds from voting on shareholder proxies. In it, he argues that index funds “have no interest in the performance of particular companies”...
I’m writing this post with a bit of trepidation, because talking about Silicon Valley home prices these days is a bit dicey. The surge of the last five years has been shocking, and almost no one I know feels good about how difficult it is for people to buy a new home in Silicon Valley in 2017....