After Hours

Felix and Mihir reflect on the most important stories of 2023 including the remarkable rise of AI, the revolution in life sciences, the rising power of employees, the trial of SBF, how product market strategies are reflecting shifting financial logics, the reasons for increased warfare, the disjunction between financial markets and the real economy, the shocking rise of school absenteeism and the wonder of Simone Biles. 

Felix and Mihir discuss how JPMorgan has managed to succeed where others fail and how late bloomers manage to succeed after sometimes failing. 

Felix and Mihir discuss the meaning and impact of the increasing concentration of stock market performance via the “Magnificent 7” and the source and resolution of conflicts on campuses. 

Felix and Mihir discuss how Sam Altman was fired and reinstated over the course of just a few days. Was the board right to dismiss Altman? Does the turmoil change how we think about hybrid organizations that combine nonprofit and for-profit motives? What does the episode teach us about the future of AI? Plus, we look at the reasons why men now die even earlier than women. What do the numbers say about being male today?

Will Africa fulfill its remarkable promise in the next several decades?  Is a land tax the best kind of tax?  Would it solve our housing crisis?  All that and more on this episode of After Hours. 

Felix and Mihir discuss how copyright applies to AI-generated works. Are AI companies guilty of mass infringement? Could users be sued if they use AI to generate texts and images? Wouldn’t it be right to compensate authors for their contributions to AI models? Plus, a decade in, what has the corporate purpose movement accomplished? We look back and take a glimpse at the future.

Felix, Sarah and Mihir consider whether real estate brokers add value, how the world of brokers will be transformed by a recent lawsuit and consider whether investors should be buying music as an asset class.

In this episode, Mihir and Felix discuss consumer finances, which are remarkably healthy. The average U.S. household now has a net worth of more than a million dollars. But if things are this good, why are we so angry? Why lament the state of the economy? Plus, we talk about Tesla and the market for electric vehicles. Has it reached its nadir?

Felix and Mihir are back, and it’s time to unpack bond market bedlam!

Felix and Mihir discuss the meaning and impact of the increasing concentration of stock market performance via the “Magnificent 7” and the source and resolution of conflicts on campuses. 

This is it, dear friends of the After Hours podcast. We end our sixth season with a long list of recommendations: shows to watch, books to read, foods to savor, places to visit... Thank for spending your time with us. We will be back after our summer break, sometime in September. Have a wonderful summer everyone!

Felix and Mihir are joined by friends to discuss their stories to watch this summer, including the bust up of Sequoia, pricing, Gen AI, sports stories, the FTC and PBMs, Amazon in healthcare, and the future of theatres, travel, unions, brand activism, energy tax credits, interest rates and the war in Ukraine.   

Felix and Mihir are joined by Christina Wallace to discuss the meaning of a portfolio life and why U.S. workers are happier than ever but less productive. 

Taking a week off!

Felix, Mihir and their colleague Kristin Mugford debate the merits of using bankruptcy to shield companies from consumer lawsuits. Should we allow companies to bundle lawsuits, place them in a designated subsidiary with few assets and let that subsidiary go bankrupt? Might this actually be better for consumers who claim to have been hurt by defective products? Doesn’t everyone deserve their day in court? Plus, what is happening to prices of luxury goods? Are we looking at the next bubble?