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Efficient Capital Markets: A Review of Theory and Empirical Work Author(s): Eugene F. Fama Source: The Journal of Finance, Vol. 25, No. 2, Papers and Proceedings of the Twenty-Eighth Annual Meeting...
Michael Lewis Likens Critics of His New Book on Sam Bankman-Fried to a 'Mob' ' TIME
The author spoke to TIME about 'Going Infinite' and why he thinks most people misunderstand Sam Bankman-Fried....
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8 Tech Trends to Watch in 2016
More than once you’ve probably looked at some new digital or technological development and asked yourself, “How did we miss that?”...
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The CEO View: Defending a Good Company from Bad Investors
David Pyott had been the CEO of Allergan for nearly 17 years in April 2014, when Valeant Pharmaceuticals and Pershing Square Capital Management initiated the hostile takeover bid described in the accompanying article “The Error at the Heart of Corporate Leadership.” He was the company’s sole representative during the takeover discussions. When it became clear that the bid could not be fended off indefinitely, Pyott, with his board’s blessing, negotiated a deal whereby Allergan would be acquired by Actavis (a company whose business model, like Allergan’s, was growth oriented)....
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