Reletter
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BakStack

Phil Bak

Capital markets, ETFs, CRE, and the future of asset management.

Platform
Substack
PricingFreemiumPublishesTwice weekly
Issues198Founded5 years agoLast Issue7 days ago
Active

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philbak.substack.com
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Latest Issues

Orphan REITs: The Tag That Outlived the Trust

Strong post from Orphan REITs here.

When there is a single data error in the metadata it hits every aggregator and analyst downstream. I’ve seen this with ETFs too. It has never been more important to check and re-check primary source data...

7 days ago
8

PODCAST: Aaron Brown on wrong numbers and quantitative disinformation

Aaron Brown rejoins the podcast to talk about his new book Wrong Number, and how to be skeptical when you read studies and statistics. He explains how smart people get fooled by official studies and credentialed experts, and how a trader’s...

21 days ago
2

Tokenize This

There’s this thing about crypto conferences that you won’t find anywhere else. Well, two things.

The first is eclecticism. Half the crowd dressed for a costume party, the other half dressed for a funeral. It’s wild. You can show up in the...

a month ago
12

The Rock

It was time for a summer road trip. I’m in New York this week and was with my kids in Michigan last week and at the last second realized that my two sons had no school or jobs or camp so why not pack up the car and bring them along to visit...

a month ago
37

S&P Takes a Stand

In honor of the NBA finals let’s start with a quote from former San Antonio Spur Robert Horry:

“Pressure can burst a pipe, or pressure can make a diamond.”

There’s been lots of pressure on the index companies, and until S&P took a stand...

2 months ago
46

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