In light of today’s SpaceX IPO, I thought I should address whether insurers are making a gigantic mistake writing D&O for the company (it has been reported that SpaceX is looking to buy a $200M tower). After all, Tesla famously had issues around Elon’s uninsurability leading him to have to Continue Reading
The S&P Is Going To 10K (On The Way to 5K)
Honestly, I really think we’re going to 9000 before heading to 6000, so why say 10K and 5K? But let’s address the substance. Why make this call at all and, specifically, why now? Why make this call when the odds are high that it will be wrong? Why not? The Continue Reading