Summary Two decades ago, no one would say that open-source would survive private code competition. However, open-source not only survived, as it also thrived. Red Hat’s business model, based on subscriptions and services, has delivered good margins.   (Photo credit: Sankarshan) Open source evolved, developing an entrenched market position For years I’ve heard enthusiasts talking about… Read More Red Hat: Open Source Is A Great Business

Summary Debt has no place in traditional academic macroeconomic models. Successful traders and speculators, however, have always relied on debt cycles to predict crashes. After the Great Recession and following Minsky heritage, academics started to pay more attention to debt cycles. They use High Yield corporate credit as reference. In this article, we take look… Read More Forecasting The Next Recession