Sublime

Morgan made his specialty the refinancing, reorganization, and rationalization of America’s badly overextended and overcapitalized railroads; his “clients” included some of the largest, such as the Erie, the New York Central, and the Pennsylvania.

Three years into his career at Jane Street, he remained fully committed to generating as many dollars as possible and channeling them into the causes that saved lives most efficiently. He’d given away most of the money he’d made on the trading floor to three charities identified by the Oxford philosophers as being especially efficient at saving liv

He was college president until 1973; he ran for the Senate in 1976, aged seventy, becoming a Republican for the first time.

Hill’s rise to the top of a burgeoning local coal business is interesting not only because it formed a cornerstone of his career and generated venture capital for later investments but also because it revealed for the first time his instincts toward what friends would call vertical and rational integration of an industry and what foes would call ru

In 2020, Avital Balwit had won a Rhodes Scholarship and turned it down, first to run Carrick Flynn’s congressional campaign and then to give away FTX’s money. Leopold Aschenbrenner, who had entered Columbia University at the age of fifteen and graduated four years later as class valedictorian, had just declined a spot at Yale Law School to work for