Hi,
I’ve seen nearly 100 new subscribers in the last few days since the publication of my FT Alphaville column about Anthropic’s auditor. I was on the front page as a result of the perfectly timed - I swear it was luck - article the next day about Anthropic going first to IPO.
If you’ve been looking around, and are tempted to consider a paid subscription, let me offer you this sweetheart deal:
There’s plenty of premium journalism behind the paywall on similar subjects because it takes time and money to produce data rich, subject matter expert journalism.
That’s how I make a living and can continue to produce this kind of reporting.
So won’t you consider becoming a paid subscriber?
Unrealized gains, free cash flow, and the "Magnificent 7"
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Jul 12
Acquisitions are one way managers spend cash instead of paying it out to shareholders. Therefore, the theory implies managers of firms with unused borrowing power and large free cash flows are more likely to undertake low-benefit or even value-destroying mergers.
Mazars and Kraken: An unfortunately doomed relationship
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Jul 28
The time has come for America to hear the truth about this tragic war. In international conflicts, the truth is hard to come by because most nations are deceived about themselves. Rationalizations and the incessant search for scapegoats are the psychological cataracts that blind us to our sins. But the day has passed for superficial patriotism. He who lives with untruth lives in spiritual slavery. Martin Luther King, Jr.
© Francine McKenna, The Digging Company LLC, 2026
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