This is a great read for history / economics / finance nerds. (Complimentary; I wrote my senior thesis on the first 50 years of the Federal Reserve).
Some people in comments said his gift link didn't work so here's another: www.wsj.com/finance/gild...
Elon Musk is a trillionaire. How could this happen?
Here's a gift link to my WSJ piece on how a longstanding idea of corporations & the stock market broke, making giant corporations & super-wealth possible. You Henry Varnum Poor fans are gonna plotz.
Some background...
www.wsj.com/finance/gild...
One of the effects of the transformation I describe was to shift the focus of shareholders from income—dividends—to asset appreciation. Wealth is harder to tax than income.
So not only do we have a trillionaire, but it’s hard to cut him down to size, relatively speaking. His fortune is not cash.
The whole thing is so absurd, since “The Donald J. Trump and John F. Kennedy Memorial Center” implied that Trump was dead.
The 19th century titans did more than build railroads. They paved the way for the reinvention of the stock market—and the creation of runaway wealth.
www.wsj.com
I keep seeing mentions of Theodore Roosevelt in reference to the cage fight on the White House lawn. Pay attention:
TR *himself* boxed and practiced martial arts in the White House. He never staged blood sports, let alone at the White House. He believed in exercise, self-development, self-defense.
How to write a biography.
I had twenty minutes to distill some of my thoughts about writing at the Biographers International Organization two weeks ago. They may be helpful for you nonfiction writers in general. A lot of people do this well. Starts right at the 6:00 mark.
youtu.be/PQZSym9XWGY?...
Two weeks ago, the Biographers International Organization presented me with the BIO Award for career achievement.
I spoke for twenty minutes about how to write a biography. I think what I had to say applies to any narrative nonfiction. I start at the 6:00 mark.
youtu.be/PQZSym9XWGY?...
T.J. Stiles
Elon Musk is a trillionaire. How could this happen?
Here's a gift link to my WSJ piece on how a longstanding idea of corporations & the stock market broke, making giant corporations & super-wealth possible. You Henry Varnum Poor fans are gonna plotz.
Some background...
www.wsj.com/finance/gild...
YouTube video by Biographers International Organization
youtu.be
Elon Musk is a trillionaire. How could this happen?
Here's a gift link to my WSJ piece on how a longstanding idea of corporations & the stock market broke, making giant corporations & super-wealth possible. You Henry Varnum Poor fans are gonna plotz.
Some background...
www.wsj.com/finance/gild...
The 19th century titans did more than build railroads. They paved the way for the reinvention of the stock market—and the creation of runaway wealth.
The 10 hours of erecting scaffolding wasn’t to strip the letters (something that 30 minutes in a boom lift could accomplish), it was to conceal the view with a curtain because Trump couldn’t handle the optics of the letters of his name being plucked off the building.
The 19th century titans did more than build railroads. They paved the way for the reinvention of the stock market—and the creation of runaway wealth.