Disagree. Trump is a 4yr thing. G7 is half a century old. Easy to get emotional about him… but this isn’t about him. It’s enduring ally relationships that predates and will succeed Trump/Carney/et al. theglobeandmail.com/opinion/articl…

My first copies of Colossus Review have arrived and I’m ready to geek out.

Great chart from Jamie Dimon's annual letter. Over the last 17 years: - VC AUM has grown >10x while PE/HF AUM has grown 3.5x - Number of PE-backed companies is up 140% while number of publicly listed companies is down 15%

Lot of interesting stats and trends here.

Ray Dalio sold his last remaining stake in Bridgewater Associates. By the sounds of it a messy transition but succession in asset mgt is hard. wsj.com/finance/invest…

This app is incredible.

Not defending decision but decarbonizing may actually be a security thing. I heard US Head of Navy speak once and explained how they had taken their ship fleet as green as possible so not to rely on gas or oil from other nations to fuel them.

Norges Bank’s website is pretty awesome and next level transparency for an asset manager of that size… and a government agency no less. Worth poking around on… nbim.no/en/investments…

Given relative size of bond market to equities market… kind of makes sense. Credit scales. (But also… some of those were credit rooted from the get go)

I dunno…. This list feels awfully flawed. No disrespect to those names amongst the top … some of which rightfully deserve to be I would think.. Others… I dunno. And some very notable ones missing…. time.com/7309945/top-ve…

The team my wife Cristan McKinlay leads / works on at Shopify built this. Very very proud. However… I’m guessing my dinner table convos about “MCP this and that” are not about to go away…

Sports is institutionalizing (if that’s a word) big time. Apollo getting in is just a (notable) data point but I’ve had this convo around sports investing 4-5x with LPs and GPs in the past year. The consumer wants to spend on experiences. bloomberg.com/news/articles/…

Not in headline is to hit that would mean hitting a mkt cap of 9Tril and doing $400 B earnings. That’s a 25x of earnings and 9x stock. wsj.com/tech/tesla-boa…

Wow - big congrats Kaz Nejatian. Will be very interesting to follow the Opendoor story going forward.

Amazing episode and quite a firm. We’ve had the pleasure of doing a ton of work w Insight and it’s no doubt a top shelf shop.

9 Technologies That Transformed Investing—From the Telegraph to AI A fun read - particularly the first 4-5 of them. wsj.com/finance/invest…

Saturdays have changed. Kids are in gymnastics… so I’m doing a bit of light reading and Cristan McKinlay is doing a bit of cursor vibe coding. (Ps Colossus subscription is the absolute best investor profile content out there. Amazing.)

💯

If anyone needs convincing of the importance of the capital markets….turns out the ticker tape was invented more than a decade before the lightbulb. per Andrew Ross Sorkin recent post…seems without speculation we would be in the dark or burning whale oil. (Credit Colossus)

This is awesome. Mark McQueen - could be a good compliment to the Rousso currency piece for your next office :)