Juan Orbea

But the outlook of these young people can't be explained by economics and global events alone. It must also have something to do with the way they were raised. As the University of Michigan time-analysis data show, this is a group whose members have spent the bulk of their lives in structured, adult-organized activities. They are the most honed and... See more

We believe that investors in any market need “edge” … knowing something (thesis) or somebody (access) better than almost any other investor. We also focus heavily on geographies.

You might imagine that roughly around the time when TARP and the various bail-out decisions were being made, that it could have gone either way, and that we could have, for example, allowed the too-big-to-fail entities to fail, and that it would have had negative consequences at the financial layer, negative consequences probably at the economic... See more

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? Probably not and we think 10x (May 2022) seems more in line with the historical trend.

One of the biggest challenges for nuclear fission is economic: New plants take years to build and cost billions of dollars. A number of factors contribute to nuclear fission’s economic challenges, which have only increased over the past few decades. In addition to the obvious capital costs, onerous regulations stretch out the development times for... See more