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Championship Rings Are Peak Traps, Not Predictors

Duke survived a 16 seed by 2 points this week, trailing at halftime. That margin of survival is exactly why championship rings are not forward-looking data. The market keeps pricing them like they are.

By Nina Torres · 3 min read

Sports

Scandal Is Not a Handicap, It's a Red Herring

The Clippers went 26-11 with an NBA cap fraud investigation hanging over the building. The books barely moved. The public faded the scandal and lost. There's a lesson in that, and it's worth real money.

By Nina Torres · 3 min read