Investing: First Principles and Practical Applications

​Join us at Studio 535 for a lecture on investing.

1. ​Investing from first principles

   • ​How the world of investing works: the risk-free rate as foundation

   • ​Index funds' mechanical advantages from the perspective of an active investor; why I'm active

   • ​Bonds/fixed income: the forgotten asset class

   • ​Real estate: thinking about a buy from first principles

   • ​The concept of "alpha" in investing, business, life

   • ​Crypto- for/against

2. ​Investing: practical applications for employees and founders

   • ​Employees: stock options- valuing your compensation; benchmarking company valuation/positioning against public peers/comps

   • ​Founders: Driving business decisions- ROIC; pattern-matching businesses; fundraising

3. ​Bonus: are we in a bubble?

​Lecture will begin at 7pm sharp. Length ~1 hour, followed by (brief) Q&A and time for people to socialize. Snacks and drinks will be provided. My background here: https://prodmason.com/

Notice of photography: This event will be livestreamed on X and Youtube.