This is all financial engineering. The best explanation I’ve read is in the “Wall Street Journal”: “Is Bill Ackman’s Deal for Universal Music Really Worth $63 Billion?” https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-04-07-2026/card/is-bill-ackman-s-deal-for-universal-music-really-worth-63-billion–WYWiZPspSu6UibG7trfl?mod=Searchresults&pos=1&page=1 You don’t need an MBA to understand all this, yet it still might be above your pay grade. Ackman wants to sell Universal’s stake in Spotify, add […]

He’s got a right to perform… But it’s one thing to do two shows at SoFi and quite another to headline the Wireless Festival in the U.K. Yes, yes, Kanye admitted he was bipolar, he gave that as an explanation of his antisemitic behavior, I gave him credit for that, but that does not mean […]

We are all looking to make it. And we employ signifiers, status markers, to indicate that we’ve crossed the threshold, that we are no longer trapped amongst the great unwashed, that finally we are SOMEBODY! And one of the main ways you felt settled, that you were not only on your way, but part of […]

The records that were hits at the same time as the British Invasion. Tune in Saturday April 4th to Faction Talk, channel 103, at 4 PM East, 1 PM West. If you miss the episode, you can hear it on demand on the SiriusXM app. Search: Lefsetz