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
As stated in Section 340 of the Banking Law, “No person or other entity shall engage in the business of making loans in the principal amount of twenty-five thousand dollars or less for any loan to an individual for personal, family, household, or investment purposes and in a principal amount of fifty thousand dollars or less for business and... See more
Licensed Lenders: Information and Resources
Can you tell which is which? I can’t. We had a sales team for a few years, then we didn’t. Can you tell when we made the switch? I can’t.
Reflecting on My Failure to Build a Billion-Dollar Company
For Tapestry, the most important customer has been the investor, and in that way, it’s not a bad business
Coach & Kors’ Marriage of Convenience
companies that view the investor as the customer do well, companies that view the customer as the customer do insanely well — Apple, LVMH
Last year I burnt myself out on introspection and developed a personal philosophy to “take action towards things I think I want until I can come up with a good reason to stop.”
Molly Mielke • movement
In 1925, Congress passed a law creating the Federal Helium Reserve (FHR), a storage facility that once held over a billion cubic meters of it. Initially created to ensure supplies for airships, the reserve took on heightened importance after World War II, when helium’s utility in rocketry became apparent. For decades, the federal government’s... See more
Doomberg • The Other Strategic Reserve
In 2019, Ioannis Rallis, head of the group for European supranational, sovereign and agency debt-capital markets at J.P. Morgan, laid out the bullish case in these words: “With a high convexity bond, the price falls less if yields go up than it increases when yields go down. That asymmetry is very interesting for some investors, who can use it as a... See more
What Interview became, over the decades, was unmistakably Warholian: a celebrity magazine as art object, in which fame was the raw material. Famous people, by virtue of being famous—or declaring themselves so—were inherently interesting, so why not recruit them into the art of conversation?
Michael Schulman • The Legacy of Interview Magazine and a Trip to 1988
"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