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Data, Invisible Software, The Post, AI, Cheating, Control, Star Wars
Plus! Tariff Plays; Good Trades; Capital Structure; Moderation; Debt and the Dollar
Plus! The Path of Deployment; The Long Tail; Non-News; Data; Models
Plus! Coasian Bargains; Movies; Currency; OpenAI; Tariffs
Plus! Diff Jobs; Decoupling; Who Trains the Model-Trainers; Cash Cycles; AI and ARR; Gating
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I really want to stop mentioning Trump. Even when he sends troops into LA, one of my favourite cities. But when he launches 30kt bombs on Iran, it is very hard to avoid talking about him. In the context of what Trump’s been up to, the welfare reform screw-ups by the Labour government seem almost… Continue reading June 2025: Show times →
Crypto firms hope putting a blockchain veneer on traditional equities will allow them to sidestep lessons learned in the 1929 Wall Street crash, crypto firms look to become banks, and Congress celebrates crypto surveillance while claiming to outlaw it
This post is a list of books that I read in the second quarter of 2025, including The Snowball, The Haywire Heart, Plato's Republic, and the King James Bible
Things we wished someone told us, before we put the JTBD interview to practice.
Trump’s crypto empire attracts more foreign millions, the FHFA pushes crypto on mortgage lenders, and Mamdani’s mayoral primary win makes billionaires sweat