We're Hiring!

Second Foundation Partners is looking to hire for three new positions!

Please check out Careers at Epsilon Theory for more details, and please distribute the link to anyone you think might be interested!

ET Pro Regulation Monitor

Funding Secured

By Ben Hunt | October 21, 2018 | 2 Comments

Shifting Common Knowledge on Saudi Arabia has infected the Narrative around SoftBank’s Vision Fund, which in turn places unicorn valuations at risk.

The Tells of Fiat News

By Rusty Guinn | October 20, 2018 | 1 Comment

The mechanics of effective storytelling and the tells of Fiat News are very similar. Add knowledge of them to your news-reading arsenal.

The Grammar of Risk

By Rusty Guinn | October 19, 2018 | 4 Comments

Take it from a list of terrible pop songs (and one OK, if overrated song from the Doors): lessons that provide an answer instead of a process are usually lessons badly taught and badly learned.

Investment Diligence and the Cornelius Effect

By Rusty Guinn | October 18, 2018 | 8 Comments

Nobody likes to admit it, but the investment industry hires and invests with the smartest-seeming people that seem sufficiently likable. And it doesn’t work.

Putting the Real Back Into Realpolitik

By Ben Hunt | October 18, 2018 | 4 Comments

“Order should not have priority over freedom. But the affirmation of freedom should be elevated from a mood to a strategy.” Yes, please.

Saudi Arabia and the Common Knowledge Game

By Ben Hunt | October 16, 2018 | 26 Comments

An historic night it was.A pleasure to have a private dinner with the Crown Prince of Saudi Arabia, Mohammed bin Salman, his royal family and…

Locusts’ Lament

By Rusty Guinn | October 15, 2018 | 4 Comments

There is a huge gap in the narrative and language used to describe private equity and hedge funds. Even when it is correct, it calls for caution in our discussions and decision-making.

Why Ben Sasse Loses the Game of You

By Ben Hunt | October 15, 2018 | 7 Comments

The Ben Sasse Cartoon does not match the Ben Sasse life, and that’s a politically existential problem here in the Widening Gyre.

Dogs, Dog Food, and the Curse of Some Talent

By Ben Hunt | October 14, 2018 | 20 Comments

The thing is, Butch, right now you got ability. But painful as it may be, ability don’t last. You came close but you never made it. And if you were gonna make it, you would have made it before now.

We Were Soldiers Once … And Young

By Ben Hunt | October 13, 2018 | 38 Comments

Two emails from soldiers, both asking questions that I can’t answer alone. We need a pack.