Sublime
An inspiration engine for ideas
Bessent was hired to strengthen the dollar by doing the opposite of all the warning signs he saw in the British Pound.
Inflated housing markets, treasury yields, etc. all pointed to the big short that the Soros fund pulled off.
Bessent's obsession with the prices of homes and the interest... See more
Derek.x.com
BLOOMBERG ARTICLE ON SYSTEMIC RISK FROM PODS
Some interesting points in this Bloomberg article on multi-manager funds.
A couple points stood out to me, and there were a couple points I would add. What stood out:
1) PODS ARE BIG. 30% of HF GMV per GS report (does... See more
.@rabois on the most important lesson he learned from Peter Thiel: You can’t hire anybody over 30.
“Peter might not say it exactly the same way today, but basically, what he was trying to say is this: by the time you’re 30, everyone on the planet knows how to assess you pretty accurately. There are enough data points on... See more
Arjun Khemanix.com
Brookfield Asset Management has $750B in assets under management & 100+ yrs experience investing in the backbone of the economy
They call this “a hinge moment in history” w/profound implications for inflation, interest rates, & investing
Their macro update & investment plan…
Austin Liebermanx.com
1981 memo on hiring from Bear Sterns
Sought ppl with a degree in PSD - poor, smart and a deep desire to get rich
Warns agst MBAs
Co died 37 years later
Prob started hiring MBAs https://t.co/uUhFgac9Yp
Leopold Aschenbrenner's fund has outperformed basically every mainstream hedge fund YTD and he's running 1bn+ of capital btw
the gulf billionaires & pension funds are watching this
capital management will soon become an activity exclusively done by chronically online zoomers... See more
zuck’s playbook for poaching ai talent is absolutely savage.
openai is obviously not acquirable, at least not in any real world scenario. so what’s the next best move? you don’t buy the company. you bleed it out. you go straight for the people who are the company.
openai is quite literally... See more
signüllx.com