You'd have to be living under a rock if you hadn't heard about what's happening to GameStop yet - the meteoric rise in the stock price of the unprofitable chain of game stores has captured the attention of finance bros and regular joes everywhere. The stock, worth as little as
Author: Karl
Coding and Finance
Gone are the days where the computer science types are relegated to the back office or equities in Dallas. Having an understanding of computer science and coding is now advantageous in many business careers, including finance and consulting. Granted, writing programs in C++ is still quite rare in front office
Life Insurance, IFRS 17, and the Contractual Service Margin
On a high level, insurance companies are in the business of buying, selling, and pooling risk. By piecing together a portfolio of uncorrelated risks, insurance companies are able to provide value by spreading the risks among the participants, and profit from the aggregate premiums that participants pay. Insurance companies sell
The CFA Exam Study Method I Wish I Knew
Internet Platforms and Network Effects
We talked quite a bit about the advantages and disadvantages of platforms over traditional pipelines, but there is one aspect that was glaringly absent. Network effect is a critical element of any platform, not only does it allow platforms to grow rapidly, but also allows it to defend itself against
How Platforms Disrupt Different Industries
Through a cursory glance at the different internet platform companies, we see that although platforms permeate all industries, some industries are more disrupted than others. Certainly, platforms are superior to pipelines in some aspects, but the advantage does not persist equally in all industries. What makes certain industries more vulnerable
