Diego Segura
@diegosegura
designer, writer, founder. currently obsessed with monetary theory, high finance, corporate law, regretting dropping out of high school, and sudoku. author of a 2018 book, “the dropout manifesto.”
diegosegura.meDiego Segura
(Which, presumably is why, once upon a time Lloyd Blankfein , the former C.E.O. of Goldman Sachs, told me that he spends 98 percent of his time worrying about things with a 2 percent probability of happening.)
The BofA $136B Dynamite Stick
A recent study by McKinsey found that the average life-span of companies listed in Standard & Poor’s 500 was 61 years in 1958. Today, it is less than 18 years. McKinsey believes that, in 2027, 75% of the companies currently quoted on the S&P 500 will have disappeared.
Stéphane Garelli • Why you will probably live longer than most big companies
Mayo said he’s been talking to the Financial Accounting Standards Board and “they aren’t going to change 40 years of rules right now. So the reality is they don’t have to sell.”
The BofA $136B Dynamite Stick
40 years sounds like a long time but it's basically the length of the now-previous bond market, which i would represent as only one cycle of bond-bullishness
Well, money. There was $370 in her account. “And I made a $400 sale two hours ago,” she said, meaning she had been in the red that morning.
Jessica Testa • Should Making It in Fashion Be This Hard?
Commercially, this season of Helmut Lang may sell better than it ever has for Fast Retailing. Walking out of the show, I asked a store owner if she planned on buying the collection, and she seemed keen on the blazers and jeans, which are reasonably priced. (Reasonable, in this case, means between $300 and $600.) And then, a shop-and-copy master... See more
September Issues
Coach, for instance, is well-managed, but it hasn’t “spread as a lifestyle brand,”
Coach & Kors’ Marriage of Convenience
I’m a very trusting person by nature, and I tend to believe people more readily than is sometimes wise. In this business, you must trust people to a degree, but it is crucial you make sure what you’re buying is not only legitimate, but that the account debtors have received the goods or services, intend to pay without any issues or offsets, and... See more
Jeff Callender • Tips For Starting a Small Business Factoring Company
Independent brands — even those with significant backing — were boxed out by luxury’s biggest players, whose heft gave them a major edge in distribution and marketing, where they enjoy greater leverage with multi-brand retailers, mall owners, real estate developers, magazines, influencers and other key players in the fashion ecosystem. In 2019,... See more
The Nine Lives of Proenza Schouler
“we can't **outspend** these people is what makes me most alarmed
how do you overcome that? what changed, if anything? what leverage can be applied on ad spend and shows?
it might just be storytelling
it's like the old granddad authors who have a pitiful enough looking face for tiktok that their books start flying off the shelves in support
One YouTube-generated video is for a song by Hindutva singer Ved Prakash Shukla titled: “Jab Tak Hindu Rakt Hai Yogi Ji Har Bar Ayenge”, which translates to “Yogi will come to power till Hindu blood runs in our veins”. In the song, Shukla chants in Hindi: “We will write Jai Shri Ram with streams of blood”, invoking the Hindu deity Ram. In the 20th... See more