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Musk vs Arnault: the tale of two tycoons

The writer is a former investment banker and author of Power Failure: The Rise and Fall of an American IconBoth Bernard Arnault, newly crowned the world’s richest person, and Elon Musk, his predecessor at the top, have overpaid for acquisitions...

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Keeping the powder dry

Dan Davies is a managing director at Frontline Analysts, the author of Lying for Money, and co-author of The Brompton.Investment bankers tend to be natural optimists for a simple reason; contrarianism and cynicism don’t get deals done. That can be...

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