100% The GROWTH in RITs is the metric to pay attention to. This isolates the variable of initial endowment and measures the value provided by the school. The best charter schools exceed elite private schools in this metric, but these are unreal results. Especially the

Criminality is not random Only 0.2% of people ever commit murder, yet 67% of **all murders**are committed by people with prior arrests People inclined to commit crime will continue to, unless stopped. When those people are stopped, the crime stops.

Robert Duvall, about as iconic of an actor as his generation produced, has passed away at age 95. To be in the Godfather movies, and Apocalypse Now alone sets him in elite status, & that doesn’t even cover his other iconic roles. Always remembered, never forgotten. RIP, legend

Robert Duvall refused to work with Spielberg and DreamWorks again after Spielberg visited Fidel Castro in 2002, noting the hypocrisy of him making films like Schindlers List while visiting a dictator. RIP.

"Liberalism, democracy, and capitalism are not part of the natural order of things...Rather, they were able to emerge because the United States created a secure environment in which they could flourish. This liberal world order is an unlikely achievement" a.co/d/08SQZGOu

9% of Americans identify as LGBT, driven primarily by young women who identify as bisexual. Follow: AF Post

To fund this insane budget he is: 1. Raising property taxes by 10% 2. Raiding the cities emergency fund Absolutely incredible.

I love him

Furstappen of Red Bone Racing sets the fastest lap at the Olympics

Is this a “canary-in-the-coalmine” moment, similar to August 2007? This question will be on the mind of some investors and policymakers this morning as they assess the news that, quoting the FT, the “private credit group Blue Owl will permanently restrict investors from

Financial Advisors putting your money in an index fund

New podcast on AI (full episode). Links below. A Motorcycle for the Mind 0:00 If you want to learn, do 2:13 Vibe coding is the new product management 6:49 Training models is the new coding 10:13 Is traditional software engineering dead? 13:07 There is no demand for average

Big Tech just quietly repriced the value of a college degree to near zero. The Magnificent Seven (Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, Tesla) went from new grads making up over 50% of new hires pre-pandemic to 25% in 2023 to 7% today. Entry-level positions across

NEW: US Real GDP came in at a 1.4% annualized growth rate in Q4 2025. Consumption & investment increased, net exports rose, and government output shrank Nominal GDP growth (unadjusted for inflation) came in at 5.1% annualized

Overproduced elite is happening 2 ways: gradually and then suddenly Peter Turchin

I’ve shown another lens on this same thing previously: the UK’s top income decile has had a very rough couple of decades (and the top half as a whole has done much worse than the bottom half). Who works in top-paying jobs? Graduates. That’s the erosion of the premium right there

The picture gets even starker when we divide immigrants by education All immigrants without a complete college education represent a net cost to the federal government by the hundreds of thousands of dollars. Only young college-educated immigrants are a net asset.

This man gives a great speech about what it’s like to live with a disability that makes getting around difficult. Instead of feeling sorry for himself, he’s out there living his best life even though he needs aid to move. I’m not sure what it’s called—I’ve never seen feet like

Today in: If you increase the availability of something, you'll reduce its value.

The FT seems to have belatedly realised the policies it has been pushing for 2 decades might have a negative effect on the people who used to read the FT.