Mothman victorious: the end of the Appalachian Trail
Jim sent his final update today from his nearly six month, 2,171 mile long hike through the entire Appalachian Trail. In the final episode, he helps a 62-year-old Irish priest rescue an unprepared day hiker with a twisted knee, explains the trail protocols for getting food from other hikers without asking for it, rhapsodizes over [...]
Modigliani RIP
New York Times: Franco Modigliani, 85, Nobel-Winning Economist, Dies. The great man’s presence at the Sloan school was always felt, though I don’t believe I ever actually met him.
The obituary emphasizes his economic research in life-cycle theory, but my corporate finance professor structured much of the theoretical side of our class around the Modigliani-Miller [...]
