On October 17, a truck parked in Times Square beamed a digital ad that asked: “Do you believe #Ken Griffin lied?” The question and the
Why the ‘Big Short’ Guys Think Bitcoin Is a Bubble
During the past year of COVID-induced market mania, cryptocurrencies have gone up so much — bitcoin is up about fivefold, while many other crypto projects
The Commonsense Capitalism of Chris James
Chris James might seem an unlikely person to become the most prominent ESG investor of 2021. The founder of Engine No. 1, a small investment
The Big SPAC Crackdown
In the wild world of SPACs, the Stable Road Acquisition Corp. stands out for more than just its now-ironic name. The company, which last October
How High-Achievers from Immigrant and Working Class Backgrounds Lost Millions on Bill Ackman’s SPAC
In January, members of a Reddit forum called WallStreetBets gained notoriety when they almost took down prominent hedge fund Melvin Capital Management after glomming onto
Bill Ackman Sent a Text to the CEO of Mastercard. What Happened Next Is a Parable for ESG.
On a Saturday morning last December, Bill Ackman was scrolling through Twitter when an article in The New York Times caught his eye. “The Children