My Courses

I was looking at a chart recently that you have probably seen floating around financial Twitter or LinkedIn. It tracks two lines: productivity and compensation. From 1948 until the early 1970s, these two lines moved in perfect lockstep. If workers produced more value, they got paid more money. It was a simple, logical correlation. But starting around…

Is cash always king? You would think so. But when you dig into the corporate warfare happening right now between Warner Bros. Discovery (WBD), Paramount Skydance, and Netflix, the answer gets complicated. I recently sat down to record a course update on M&A strategy because the situation changes almost daily. I wanted to understand why a board…

I have seen a lot of articles recently riding various “hype trains” regarding how Artificial Intelligence is evolving. It feels like every week there is a new model that claims to be sentient or capable of human-level reasoning. I wanted to understand what is actually true. So, I did a bunch of research. I read…

I have noticed a strange pattern emerging on earnings calls lately. CFOs and CEOs keep repeating the same story: AI is driving efficiency, and that efficiency is the reason for recent layoffs. It makes for a clean narrative. It tells investors that the company is on the cutting edge and cutting costs simultaneously. But when…

I spend a lot of time reading research reports. Lately, I’ve been buried in data regarding Venture Capital (VC) and Private Equity (PE) for the start of 2025. While going through the SQ4 close-out numbers, something strange stood out to me. The headlines are screaming about a massive resurgence in PE deal activity. We are…

When I started at PwC eight years ago, I kept hearing about the “reviewer shift.” The partners promised that technology would eventually handle the manual grunt work. They said first-year associates like me would stop being preparers and start being reviewers. For years, that felt like a corporate myth. We were still manually keying data and fighting…