BakStack
Phil BakCapital markets, ETFs, CRE, and the future of asset management.
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 179 | Subscribers | Read | philbak.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
How Asset Managers Can Survive the Fee War
In order to tell the tale of the asset management industry I first have to explain the difference between assets and flows.
The SAAS Crash
> “Seven years of great abundance are coming throughout the land, but seven years of famine will follow them.” Genesis 41:29–30
Inherently Global
Tokenization is inherently global, that’s one of the most exciting things about it.
The DTCC Gets No Action
The SEC's no-action letter to the DTCC paves the way for Nasdaq's tokenized trading proposal
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Authors
The writers behind this newsletter.
Writing about the future of asset management.
Frequently Asked Questions
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