
The Cathedral and the Casino
Reflections from the Woodstock of Capitalism
Welcome to my substack! Here I will publish notes, observations, and mostly-formed thoughts from readings and wanderings. Most posts will focus on business, economics, and/or politics. I welcome your comments, questions, and feedback.
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Dormant Last read · last published · next check
Read 11 days ago and current, but nothing has been published for 16 months.

Reflections from the Woodstock of Capitalism

How much would you pay for a bag of tax assets?

How an obscure REIT that owns prime property in Hayes Valley enriched lenders and property managers at the expense of shareholders

Are the company’s ballooning commitments a sign of future growth prospects or aggressive accounting?

Short answer: Because they can.

Thoughts on a recent visit to Nusantara, Indonesia's new capital city