In which a fellow Slummerville old-timer writes in with a Savenor’s update: A dream job has been posted, and is now available. But who can afford a dream anymore? Oh, also I got an email from my mom. Hi, mom!
Coinbase – do they run a prop desk or don’t they run a prop desk? My answer: it’s not a prop desk. No, what they are doing is worse and less fair to clients than a prop desk.
In investing and in life, we are always quick to judge the book by its cover. We’re quicker to judge a book by who wrote it. We’re quickest to judge a book by what shelf it’s on.
In which I discuss that one time I followed Julia Child through a grocery store in the least creepy manner I could manage, and the most delicious white corn I’ve ever enjoyed.
The modern use of stock-based compensation is a confidence game, in the true sense of the word, that would be very familiar to the Music Man (but he doesn’t know the territory!).
Part 2 of the Notes from the Road series, about the value of and problems with adaptive frameworks. In this installment, an exploration of…
Billionaires don’t buy media properties as vanity projects, because they care deeply about them as institutions, or for profit. They buy them because they understand the political and economic power of Fiat News.
Our liberty is our birthright, not granted to us by the State or the Oligarchs. It is not theirs to give. It cannot be taken away. But we can give it away. Don’t.
Everyone has their Lehman war stories. Everyone at least in their 30s, anyway. Here’s one of mine that was particularly formative for Epsilon Theory and our stories about stories.
Hunt’s Law – fake news drives real news out of circulation – is a perversion of Gresham’s Law about currency that applies everywhere today, even to Hunt. Especially when it comes to social media.