BoredReading

OpenAI Launches GPT-5

21 hours ago

from Mazdak in finance

On August 7, 2025, OpenAI officially released GPT-5, its latest flagship model, to the world.

The Imitation Game: Defending against AI's Dark Side!

3 days ago

from Musings on Markets in finance

A few weeks ago, I started receiving a stream of message about an Instagram post that I was allegedly starring in, where after offering my views on...

AI is polytheistic, not monotheistic

5 days ago

from balajis.com in finance

And ten more thoughts on AI.

Country Risk 2025: The Story behind the Numbers!

a week ago

from Musings on Markets in finance

At the start of July, I updated my estimates of equity risk premiums for countries, in an semiannual ritual that goes back almost three decades. As...

Curate your own newspaper with RSS

a week ago

from Citation Needed in finance

Escape newsletter inbox chaos and algorithmic surveillance by building your own enshittification-proof newspaper from the writers you already read

A Vaccine for Anthropomorphism of AI

a week ago

from Commoncog in finance

How to resist thinking of large language models as friends. Or sentient things. Or intelligences you have to treat like God.

Daily Journal Accused of Incorrect Accounting

a week ago

from The Rational Walk in finance

Daily Journal has been accused of incorrectly accounting for software development costs by an activist investor seeking a consulting contract.

The Tornado Cash case: When politics sabotage a prosecution

a week ago

from Citation Needed in finance

The Trump administration’s regulatory whiplash has left prosecutors scrambling with misattributed chat messages and questionable victim testimony

All Property Becomes Cryptography

a week ago

from balajis.com in finance

For 99%+ of what's valuable, for every financial asset and capital asset, we will secure it onchain.

Issue 89 – Crypto wins in Washington with midnight calls, chocolate bars, and a $141 million threat

2 weeks ago

from Citation Needed in finance

Trump stands to profit from a $2 billion bitcoin bet as the crypto industry pushes through bills aimed at bolstering the sector

The Tatas: When Virtue Works

2 weeks ago

from Commoncog in finance

Why are the Tatas so much less corrupt than their contemporaries? How is their conglomerate still intact after five generations? The answer to an...

To Bitcoin or not to Bitcoin? A Corporate Cash Question!

3 weeks ago

from Musings on Markets in finance

In this post, I will bring together two disparate and very different topics that I have written about in the past. The first is the role that cash...

Google’s New AI Summaries in Discover: The Next Blow to Publishers?

3 weeks ago

from Mazdak in finance

If you work in media or publishing, brace yourself — another platform update from Google is quietly shifting the ground beneath us.

Announcing Speedrunning the Idea Maze

3 weeks ago

from Commoncog in finance

A live course, limited to 30 people. Applications close 21st July.

June 2025: Show times

3 weeks ago

from FIRE v London in finance

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...

What I’ve Been Reading

3 weeks ago

from The Rational Walk in finance

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...

Issue 88 – The stockchain

3 weeks ago

from Citation Needed in finance

Crypto firms hope putting a blockchain veneer on traditional equities will allow them to sidestep lessons learned in the 1929 Wall Street crash,...

Putting the Jobs to be Done Interview to Practice

a month ago

from Commoncog in finance

Things we wished someone told us, before we put the JTBD interview to practice.

Issue 87 – SO ORDERED

a month ago

from Citation Needed in finance

Trump’s crypto empire attracts more foreign millions, the FHFA pushes crypto on mortgage lenders, and Mamdani’s mayoral primary win makes billionaires...

Tycoon Succession

a month ago

from Commoncog in finance

Most Asian conglomerates are family-controlled businesses. Succession in any family business is a tricky thing. We look at a few cases as part of the...

Trillions Flow into AI: The New Infrastructure Arms Race

a month ago

from Mazdak in finance

🌐 Big Tech Bets Trillions on AI Infrastructure

The Art of the Asian Joint Venture

a month ago

from Commoncog in finance

How Robert Kuok used the joint venture to expand his business empire ... and what this tells us about business in Southeast Asia.

Swapping a rental property for a share portfolio

a month ago

from FIRE v London in finance

Having sold my London rental flat, what was I to do next? I’ve paid the £20k+ transaction fees. I have paid off the mortgage. I set aside the amount...

Issue 86 – State power sponsored by Coinbase

a month ago

from Citation Needed in finance

The GENIUS Act passes the Senate after explicit threats to Democrats from the crypto lobby, and shady crypto billionaire Justin Sun cozies up even...

You’re Always Selling to a Situation, Not an ICP

a month ago

from Commoncog in finance

One simple idea that falls out of the Heart of Innovation book — that you can use immediately — is this idea of selling into situations, not selling...

The (Uncertain) Payoff from Alternative Investments: Many a slip between the cup and the lip?

a month ago

from Musings on Markets in finance

It is true that most investing lessons are directed at those who invest only in stocks and bonds, and mostly with long-only strategies. It is also...

It matters. I care.

a month ago

from Citation Needed in finance

Giving up on the idea that truth matters is not just cynicism, it’s surrender.

May 2025: market springtime

2 months ago

from FIRE v London in finance

I’ve had quite a busy May. It’s been a lovely month, featuring a wedding in the country, a trip to the Isle of Wight, my first visit to a dairy farm...

Issue 85 – All the President’s tokens

2 months ago

from Citation Needed in finance

As Trump’s web of crypto projects gets tangled up in itself, a regulator warns of “regulatory Jenga” in the crypto sector that echoes the 2008...

Sovereign Ratings, Default Risk and Markets: The Moody's Downgrade Aftermath!

2 months ago

from Musings on Markets in finance

I was on a family vacation in August 2011 when I received an email from a journalist asking me what I thought about the S&P ratings downgrade for the...

OpenAI featured chatbot is pushing extreme surgeries to “subhuman” men

2 months ago

from Citation Needed in finance

OpenAI's featured chatbot recommends $200,000 in surgeries while promoting incel ideology

The Origin of the Tatas

2 months ago

from Commoncog in finance

How one of the oldest business empires on the subcontinent got started, and how one man’s values laid the foundation for five generations of business...

April 2025 – balmy weather, barmy markets

2 months ago

from FIRE v London in finance

Better late than never, I’m doing a quick update on April. More for the record than because anything particularly notable happened in the portfolio,...

Claude 4 Has Arrived: Anthropic’s AI Agents Raise the Bar for Autonomous Intelligence

2 months ago

from Mazdak in finance

Anthropic has officially launched the Claude 4 model family, and with it, the frontier of artificial intelligence just shifted again.

Cases from The Heart of Innovation

2 months ago

from Commoncog in finance

Three cases from The Heart of Innovation, picked to demonstrate the ideas of Deliberate Innovation.

Issue 84 – Rogue overseas support agents

2 months ago

from Citation Needed in finance

Coinbase’s substantial data breach coincides with a convenient terms of service update, while the GENIUS Act stablecoin bill regains momentum in the...

Greg Abel Steps into the Spotlight

2 months ago

from The Rational Walk in finance

Greg Abel will step into the spotlight at the 2026 Berkshire Hathaway annual meeting with Warren Buffett sitting in the audience.

OpenAI Launches Codex: The Future of AI-Powered Software Engineering

2 months ago

from Mazdak in finance

OpenAI has officially launched Codex, its most advanced AI coding agent to date, within ChatGPT. Designed for developers, teams, and enterprises,...

Issue 83 – Trump’s crypto-backed plan to auction off access to the White House

2 months ago

from Citation Needed in finance

Trump’s crypto conflicts continue to multiply as Democratic legislators demand ethics inquiries and block industry-backed bills

The Heart of Innovation: Why Most Startups Fail

2 months ago

from Commoncog in finance

A theory of demand (and product market fit) that explains it all, and does NOT require ‘pain’ to do it.

Real Estate Newsletter Articles this Week: Current State of the Housing Market

2 months ago

from Calculated Risk in finance

At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. Part 1: Current State of the Housing Market; Overview for...

Longreads + Open Thread

3 months ago

from The Diff in finance

Data, Invisible Software, The Post, AI, Cheating, Control, Star Wars

Schedule for Week of May 11, 2025

3 months ago

from Calculated Risk in finance

The key reports this week are April CPI, Retail Sales and Housing Starts. ----- Monday, May 12th ----- 2:00 PM: Senior Loan Officer Opinion Survey on...

Who Else But Google?

3 months ago

from The Diff in finance

Plus! Tariff Plays; Good Trades; Capital Structure; Moderation; Debt and the Dollar

AAR: Rail Carloads and Intermodal Up in April

3 months ago

from Calculated Risk in finance

From the Association of American Railroads (AAR) AAR Data Center. Graph and excerpts reprinted with permission. Recent shifts in U.S. policies on...

Tariffs Are Not Enough

3 months ago

from oftwominds-Charles Hugh Smith in finance

The tariff sledgehammer has a role, but it's a limited one. There's an inherent tension in State-Corporate Capitalism. Proponents of the free...

Why do Venture Funds Target a Particular Ownership Level?

3 months ago

from The Diff in finance

Plus! The Path of Deployment; The Long Tail; Non-News; Data; Models

Hotels: Occupancy Rate Increased 1.8% Year-over-year

3 months ago

from Calculated Risk in finance

From STR: U.S. hotel results for week ending 3 May The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest...

Meet Trump’s memecoin dinner guests

3 months ago

from Citation Needed in finance

Trump's crypto-for-access dinner triggers broad ethics alarms, and 73% non-US attendance raises fresh concerns over foreign influence

Leading Index for Commercial Real Estate Increased 1% in April

3 months ago

from Calculated Risk in finance

From Dodge Data Analytics: Dodge Momentum Index Increases 1% in April The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew...