Editor’s Note: This will be the last post for the year. I’ll be back in early January with something fun for everyone to debate. Progressive recently announced a special dividend of $13.50/sh, equal to over $8B. To put in context how large that is, it amounted to nearly 25% of Continue Reading
Why Chubb Shouldn’t Buy AIG
Today’s note is a little different. It’s essentially a direct letter to Evan Greenberg that I am sharing with the rest of you. You may have seen reporting that Chubb approached AIG about a takeover. As I’m sure you all know, Evan has deep personal ties to AIG as it’s Continue Reading
Would It Be So Bad If AI Took Our Jobs?
Last time I wrote a fairly negative view of the impact of AI. Today, I’m going to explore some of the ramifications of an optimistic view of AI’s potential. AI has the potential to be the next Industrial Revolution. There are obvious benefits to this from the increase in productivity Continue Reading