Financial Distress

Zenefits | some thoughts on an insurtech legacy

Over the holiday, I spent time reflecting on my time in the insurance brokerage industry. One interesting area that drew some of my attention was the sale of Zenefits to TriNet Group Inc. I was personally invested into the impacts of Zenefits on our legacy employee benefits brokerage as Zenefits experienced its meteoric rise; The …

Time capsules, protest, various ways to pass time, and Fathers’ Day 2020

I remember times in grammar school when we discussed time capsules. I remember thinking the idea of putting aside contemporary “artifacts” was clever, but I never became excited about them. I wish I could remember the years we engaged in the exercise of choosing the items; Maybe I was in the fifth grade (1989). I …

B&O | Nostalgia, strategy, capital markets, and the lack of value in a partially correct thesis

There is an idea that the value of a brand is measured in the extent to which the consumer associates a relationship with the product or service. There are some distinctly Northern European brands that I feel like I have a relationship with, including Royal Copenhagen, Skovby, Georg Jensen, and Bang & Olufsen (B&O). Notably …

Of course nations are not businesses, but… (ii) | Fed balance sheet changes over time

In thinking about the can of worms I opened about this topic, I started jotting notes on directions I might take next. There are so many possilbities. As a matter of inquiry, I found and perused an old copy of Keynes’ General Theory, looked at old international finance lecture notes from Professor Stanley Zin, and …