Computers are taking over the world. At least, that is the fear. News reports have been highlighting how advanced language models and other Artificial Intelligence (AI) could lead to a world where computers can so closely mimic human interactions that we will not be able to distinguish between what has been created by humans and […]
As the end of 2022 approaches, it is an appropriate time to wonder how the year will be remembered. However, 2022 has been such a volatile year, it will be hard to define. Was 2022 the year that crypto currencies gained legitimacy and entered the mainstream? Or was it the year that the face of […]
For most Americans, the beginning of the COVID-19 pandemic happened abruptly. In just a couple of weeks in the middle of March 2020, schools sent home their students, all sports were halted, and many stores, restaurants, and theaters closed their doors. The start of the pandemic was neatly demarcated by these events, but now, years […]
An important skill as an investment banker is to work with clients to project companies’ future financial performance. Whether dealing with investors, lenders, or shareholders, all want to know how management sees the next few months, quarters, and years playing out. In the process of developing projections, company management spends hours trying to prognosticate what […]
For years, it was the front line of the holiday retail battle. Black Friday was treated like the be-all, end-all by many retailers, and attracting foot traffic on that day was critical. Accordingly, beginning decades ago, it became typical for retailers to offer special Black Friday deals to draw consumers into their stores, often at […]