The Reminder That We Are All Human

“A philosopher once asked, “Are we human because we gaze at the stars, or do we gaze at them because we are human?” Pointless, really…”Do the stars gaze back?” Now, that’s a question.”

Source: Neil Gaiman

I do not have the words for what is currently happening.

There is so much uncertainty. It is almost crushing, the sheer weight of the unknown. I didn’t realize that it would be so heavy. I didn’t understand how much I relied on knowledge, on the fact that today would at least be similar to tomorrow, that yesterday was like today, and that this would repeat indefinitely.

I didn’t realize how much I was taking for granted.

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Emerging Markets: Strong Dollar & The Path to Emerged Markets

How do you value pieces of paper? What creates currency? What makes the dollar a reserve currency?

There are several different models used to value currency, including Purchasing Power Parity and the BEER (Behavioral Equilibrium Exchange Rate) model, amongst others. There are several variables that go into those models, most notably conditional expectations, current rates, term premiums, national savings/investment, demographics, and interest rate differentials.

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Starbucks & Growth: Embracing China’s Multi-Billion Dollar Market

  • Starbucks created the “coffee experience” which was their economic moat in the beginning and has deteriorated over time for numerous reasons
  • Howard Schultz (Founder and Former CEO) & Scott Maw (CFO) leaving will create temporary headwinds and investor concern
  • Success in China is necessary for the success of the company

SBUX is America’s favorite drink – the one that costs a little bit more than we would like, but is addicting. Coffee is a staple of most American’s mornings – wake up, grab a cup, and go to work. SBUX has made it into a “Starbucks Experience”, creating the stores into a place where you can go to catch up with friends, a job interview site, and a place to study for finals, fueled purely by caffeine.

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