Nicholas Winton helped 669 Jewish children escape the Nazis. His efforts went unrecognized for 50 years. Then in 1988, while sitting as a member of a TV audience, he suddenly found himself surrounded by the kids he’d rescued, now adults. I like to remember this every Jan 27th.

It's jarring to see new proposals for wealth taxation at the same time we're seeing rampant fraud in gov programs. If the gov was an efficient capital allocator it would be one thing, but we're all already over-taxed, and it's all just being lit on fire by half asleep bureaucrats

I’ve now buried both my parents and in-laws, and can verify the fraud is endemic, the day rates that “rehab facilities” get from Medicare to warehouse people waiting to die 3-4 to a room is insane…

RE: Fraud in Minnesota I’m not sure that most Americans understand that in large swathes of humanity, there is no actual concept of “fraud,” particularly fraud against the government. Instead, there is a belief in the virtue of getting away with what you can to help yourself

A thread of useful concepts to equip you for 2026:

It is one of the most startling aspects of rereading Atlas Shrugged in the 21st century. The speeches of her villains read like transcripts of speeches by the woke left.

Venezuela is one of those 'what ifs' of history. In 1960, GDP per capita was approaching 80% of US GDP per capita, but by 2024, a quarter of the population had fled the country as real GDP dropped to levels of several decades prior. manifold.bfi.uchicago.edu/read/the-case-…

Who Will Build NYC if Builders Are the Enemy? As a New Yorker Jew, I'm surrounded by people who have been in real estate their entire lives. I am not trying to feed a stereotype, but that's my reality. They aren't activists or online commentators. They are people who bought

There is a significant lesson here beyond the dog.

The Iranian people are waging one of the most courageous anti-tyranny movements of our time against the Islamic Republic. The media’s silence is disgraceful. This regime will fall—and history will remember who stood for liberty and who looked away.

Thank God the US has a federal system of government so the states can compete with each other, letting the consequences of bad ideas become clear before those poor policies are adopted at the national level.

White House Announces Over 1,000,000 New Jobs Were Created In December But They Were All Filled By Marco Rubio buff.ly/uu2yDBN

Proposals like these are not about raising revenue. Obviously.

I am pleased to share Arquitos Capital's 2025 investor letter. The fund returned 82.1% net on the year. In this letter I discuss $LQDA, $ENDI, and $FNCH. If you would like to receive future letters, please add your information at arquitos.com/connect arquitos.com/s/Arquitos-Inv…

Hamid and Vahid Arzanlou were successful entrepreneurs in Iran’s furniture industry. Wealthy, respected, directly employing 200 workers and supporting over 1,000 livelihoods across their supply chain. They could have protected their comfort. They chose freedom instead. They

CrossingBridge Q4 2025 letter - $ENDI