Sublime
An inspiration engine for ideas
🚨🚨🚨 Coatue argued in a private presentation that it believed that Robinhood has "zero valuation support" and a "broken business model" https://t.co/QuiEa3IwGg
Opinion | Can Trump Force Harvard to Improve? - The Wall Street Journal
A superb must read op ed on @Harvard. https://t.co/4DCgpcFTes
Bill Ackmanx.comI usually love @RayDalio but I think this is completely wrong.
1) The change in economic policy is to incentive more free market competition in industrial focus areas and remove sprawling bureaucracy that impedes effective decision making, otherwise we cannot build infrastructure... See more
Andrew Côtéx.comI was surprised. One of the hallmarks of the difference between American capitalism and capitalism in many emerging markets has been American capitalism is defined by the rule of law, by the absence of randomly exercised discretion and by predictability. And none of this seems consistent with those values. It was also very unclear what the... See more
Jessica Lessin • Larry Summers on Trump’s ‘Tragic Precedent,’ TikTok and Regulation
In light of today’s news, I thought I would try to take a step back and provide perspective on what this is really all about.
I first became concerned about @Harvard when 34 Harvard student organizations, early on the morning of October 8th before Israel had taken any military actions in Gaza, came out publicly in... See more
Bill Ackmanx.comI don’t think there is a durable industry based on the idea that central banks are going to hyperinflate existing currency, and I do not think a durable industry will be built around the idea that rules requiring transparency of wealth can be circumvented.
Jessica Lessin • Larry Summers on Trump’s ‘Tragic Precedent,’ TikTok and Regulation
I believe that long-term rates, e.g, 30-year rates, will rise further from here. As such, we remain short bonds through the ownership of swaptions.
The world is a structurally different place than it was. The peace dividend is no more. The long-term deflationary effects of outsourcing production to China are no more.... See more
Bill Ackmanx.com