Why The Classic Car In The Garage Won’t Be Sold
An estimated $570 billion in classic cars will pass to heirs as part of the $90 trillion Great Wealth Transfer. Behavioural economics from Chicago Booth and 40 years of family business research from IMD Lausanne explain why so few will be sold, and what families can do about it.
Can Anyone Actually Value SpaceX?
SpaceX is targeting a valuation of $1.75 trillion which would put it above every S&P 500 company except Nvidia, Apple, Alphabet, Microsoft, and Amazon. Was it a coincidence that Elon Musk chose April Fool’s Day to file confidentially for what could be the largest initial public offering in history?