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
A decade later, though, the PS1, while still a top seller, had fallen out of fashion, and the designers had yet to have another blockbuster product or a stable of items that sold reliably year after year.
The Nine Lives of Proenza Schouler
Substack is under attack again. The crusade is led by a site contributor, Jonathan Katz, whose style might be characterized as embittered-conventional
He recalled a relevant piece of 20th-century Chinese history—the war between Mao and Chiang Kai-shek , in the 1940s, which Mao won, and which led the Nationalists to retreat to the island of Taiwan. “From the perspective of Mao and his people,” Steve continued, “the Nationalists stole the treasury, and they stole the art treasures of China. There... See more
May the Schwarzman Be With You
"The Fed's own data," observes the August 29 edition of "Early Morning with Dave" (David A. Rosenberg, of course), "show that bank-wide credit card delinquency rates have gone from 1.84% a year ago to 2.43% in the first quarter of 2023 and now to 2.77% in the second quarter. This is also before we have even seen the onset of higher unemployment--is... See more
Think of Margiela in Paris, that was a Golden Age in fashion because you could show in an alleyway, and there's kids around. Next to a dumpster. Maybe it was dangerous, but back then no one had to care about safety hazards. But now that's not safe anymore. You can't recklessly do that.
Brenda Weischer • BRENDA’S BUSINESS with PETER DO
To be clear, Buffett is the largest economic shareholder in Paramount but Shari still controls nearly 80 percent of the voting stock
Are You There, Aryeh? It’s Me, Shari…
Shari only owns 10% of the company, and that 10% first-class stock has 80% of the voting shares, which is wild. Back in the L*s M**nves days, they tried a “nuclear option” with Marty Lipton to provide a dividend to the second-class shares that didn't give money but instead granted votes, which would have the Redstone shares powerless. It never went through.
The Commerce Department estimates that American corporations paid out 44 percent of their pretax profits in dividends last year, up from 23 percent in 1980.
Steve Lohr • Companies Cut Stock Dividends As Profits Drop (Published 1991)
also 1991
In many of the most prominent cases of grain being exported from sanctioned Crimea, media reports detailed how a fleet of handymax ships such as the Mikhail Nenashev, Matros Shevchenko (IMO: 9574195), Matros Koshka (IMO: 9550137) and Matros Pozynich (IMO: 9573816) were pictured in Sevastopol with their AIS disabled.
They would then head out into the... See more
They would then head out into the... See more
Bellingcat Investigation Team • Russia’s Ghost Ships and the Evolution of a Grain Smuggling Operation - bellingcat
fascinating