Diego Segura
@diegosegura
designer, writer, founder. currently obsessed with monetary theory, high finance, corporate law, regretting dropping out of high school, and sudoku. author of a 2018 book, “the dropout manifesto.”
diegosegura.meDiego Segura
The collection was commonly known as The Federalist until the name The Federalist Papers emerged in the twentieth century.
The Federalist Papers
“In the decade before 2022,” the Oaktree authors lead off, “many sponsor- backed companies financed leveraged buyouts by borrowing heavily in the broadly syndicated loan and private cred- it markets—and the majority of this debt had floating rates.” Naturally, the 500 basis-point jump in reference rates spells higher borrowing costs for the... See more
The problem, Ms. Velez has learned, is that recognition — the buzz around awards, reviews and celebrity endorsements — doesn’t always yield tangible returns. If anything, she said, it contributes to the idea that things are going well when they are not.
Jessica Testa • Should Making It in Fashion Be This Hard?
In the battle between physics and platitudes, physics is undefeated.
the first children’s climate trial took place in the U.S. when a group of 16 young people sued Montana for violating their constitutional rights, including rights to equal protection, dignity, liberty, health and safety, and public trust, all predicated on their right to “a clean and healthful environment” as enshrined in the state constitution.... See more
America’s Carbon Bill Is Coming Due
In effect, SVB didn’t have the technological infrastructure to handle the influx of deposits that came into it during the pandemic, nor the investment skill to manage all that new money. It took what appeared to be a safe route of investing in long-dated Treasuries but failed to recognize that in a rising interest rate environment they would lose... See more
Confessions of a Former SVB Executive
Though Cash App’s revenue comes primarily from subscriptions and services, not peer-to-peer transactions, it still needs downloads.
Julia Glum • Inside Cash App Friday, the Weekly Phenomenon Where People Ask for Money on Twitter (and Get it)
[...] operators are unlikely to add much supply over the next several years. For one thing, day rates aren’t high enough to justify new orders. Tidewater reckons a rate of at least $38,000 to justify the purchase of a new OSV at an assumed 15% cost of capital. In the second quarter, Tidewater itself was earning an average of $16,042 per day.... See more
People don’t understand that it’s expensive to be famous. Once you become famous, you’re forced to always have security and all these other things. It’s not an option. So all of a sudden you’ve got these huge overhead costs.