Finance Professor @ Columbia Business School
Meanwhile, in Markets
Welcome back to Price and Prejudice with a few musings from Week 25 of 2025. Stablecoins and the Great Disintermediation The stablecoins, which are cryptocurrencies designed to maintain a stable value typically pegged to a fiat currency like the U.S. Dollar, are having another moment. This WSJ piece reports
Everything is Finance
Welcome back to Price and Prejudice with a few notes from Week 24 of 2025, connecting headlines to deeper themes in markets and human behavior. Battle of Business Models This FT piece explores how Blackstone, KKR, and Apollo – once near-identical leveraged buyout shops – are pursuing radically different strategies as market
Hope your summer is off to a good start, wherever you may be. If you're reading this post, it means you signed up (and voluntarily gave up your email) for something that began as a articles round-up every Saturday in the Capital Markets & Investments class at Columbia.