Okay so that Miles Davis quote "if you hit a wrong note, it's the next note you play that determines if it's good or bad" applies to basically everything

On-the-ground stories about Brazil’s deforestation and land conversion challenges are wild: embargo lists, legal limbos, fraud, hitmen,etc. Ready to go talk to farmers in Cerrado & Mata Atlântica to stop chopping trees, finance land conversions & apply regen agri practices.

Trump turns up the heat on India.

$BN becoming "de facto" an insurance-first company

The peak of mainstream private equity began when charts plotting made-up outperformance vs. SP started popping up in every deck.

Pakistan, history’s most definitive refutation of the world-systems-theoretic model of ‘development by invitation’. despite decades of close alliance with the USA & the PRC it ever remains a fistula of development, the only case of plausible improvement by Maoist revolution.

The Indian state of Tamil Nadu is an impressive case study in industrial policy at the subnational level: - 1/7 manufacturing jobs in India - Industrial clusters: auto, electronics… - Its own MITI super agency: DIIPC Fantastic piece by Mausam Kumar & co: phenomenalworld.org/analysis/coord…

Steven Weinberg always had excellent advice for everyone not just for young physicists.

Me listening to the earnings call of a company I own 1 share in

Stoked to read this!!!

Hate to say it, but instead of putting Henry Kravis on the Handelsblatt cover every other week like the Germans, French officials understood well how, post-Brexit, helping to build global private market firms (e.g. Ardian, Tikehau, Eurazeo) can pay off down the line.

the greatest regret i have is underestimating the value of long term compounding. capital, friendships, projects, places, all get better with decades. its impossible to understand until you see it. it is entirely what life is about. a few very good things for a long time

My favourite C. S. Lewis paragraph of all time

machinelearning.apple.com/research/illus…

This is SAIL 2025 in the Port of Amsterdam. SAIL 2025 is a 5-day event with tall ships from many countries. Started yesterday. That's 3hrs compressed into 33 seconds. Now I need to find the non-sped-up version. I could watch that realtime...

After 10yrs (Covid ruined 2020 ed), #Sail2025 was siiick!

Commitment > Optionality

Good speech by Ueda on how Japan's aging demographics are driving up wages. Increasing participation rates and retiring at a later age have reached their limits. It's look like the theory that aging demographics is inflationary will be validated. boj.or.jp/en/about/press…

"HSBC' Swiss private bank is ending relationships with wealthy Middle Eastern clients, including many with assets exceeding $100 million [.] More than 1,000 clients are being told they can no longer bank with HSBC" Now do UBS