The Cult of Truth

Truth is more important than anything else. Without it, all else crumbles. When I was a child, if you did something wrong, you got in trouble. But if you lied about it, it was much worse. If you told the truth about it, sometimes you wouldn’t get punished at all. “You told the truth — … Continued

Analyst Gene Munster says Amazon will buy Target. Is he right?

On New Year’s Day, Gene Munster, former Piper Jaffray analyst and currently a venture capitalist at Loup Ventures, predicted that Amazon will buy Target. This prediction got picked coverage in hundreds of publications yesterday. Let’s look at why analyst types make predictions like this, how accurate those predictions are, and what they do for the … Continued