Hope all goes well. “You Passed,” read the email. No intro, no signature. Just those two beautiful words. My heart skipped a beat. Excited, humbled. You see, 6mths ago our team embarked on a mission. To deliver innovation to our industry. To help our most prestigious institutions solve three simple, interconnected problems: volatility’s too low, fees are too high, returns are too low. So with those two beautiful word
“I’m okay Dad,” answered Jackson, on my return from London. His eyes said otherwise. So I dropped my bags, went for a walk. To talk. “I lost the game, let everyone down,” explained my oldest, eyes downcast. You see, his Lacrosse team had tied the finals. So the referees called for a “Braveheart” tiebreaker. Which means each team fields two players; a goalie and center mid-fielder. The two middies face-off. Then fight
What a f’in train wreck. And like all tragedies, soon after you bury the broken bodies, bloodhounds first unearth incompetence. Then corruption. Kickbacks. Capital misallocation. It shouldn’t take long to pick up a scent. Spain has Earth’s second longest high-speed network; behind China. They got more lines under construction than all of Europe combined. Of course they also have the world’s lowest ratio of passengers
Hope all goes well. “Got four kids, I’m busy mate,” answered the London cabbie, at sunrise. “Me youngest is a little terror I tell you,” he continued. “Screams somethin’ awful, so I get him ’fore he wakes the others, else I’m in a right mess.” Osama bin… “And me crazy missus keeps chickens, at five this morning one lit up proper, cluckin’ away like she laid a golden f’in egg, wanted the whole neighborhood to kn
Premier Li made a promise. To offer markets “stable predictability.” Naturally, China’s dictators love stability. Predictability. After all, they’re human. And want what they can’t have. Anyhow, housing prices rose in 69 of 70 Chinese cities, threatening social stability. No surprise. You see, there aren’t enough women in China. And the best way to attract one is to have a couple condo keys bulging in your blue jeans
“My next generation of portfolio managers are our future, and they’re brilliant,” boasted the CIO, atop his prodigious pile. “But they still strive for complete information.” Which is investing’s greatest trap. Because complete information is investment opportunity’s inverse. His outsized returns this year can be traced back to a flash of insight late last year. You see, he’d sensed the policy shift in Japan was seis
Hope all goes well. Packed our Suburban assault vehicle with the troops. Headed north. For a Lax tournament. That’s how we roll; Team Peters. Turned off all electronics, and surveyed the landscape, for wild animals. We first spotted cows. Then horses. A coyote appeared. Osama bin Charlie caught a giraffe in his sights. But it darted for cover. “Well, they’re real fast guys.” And from there, the magic of imagination o
Ben sat in stall six. Biting his nails. Waiting his turn. You see, he was last in line. Of course Snowden went first. Walked out, bedhead, scruffy. Seated between two lovely angels, from Amnesty International, fallen to earth to fight for the persecuted. Anyhow, they soothed poor, brave Edward, his life in ruins. Ruined. Puzzled to discover that not enough Americans care for his cause. So the angels promised him iron
Turned a corner, early evening. A sharp switchback, around a towering rock. And encountered a fox. He leapt, gracefully, spinning his body, to point it away. His head turned back, our eyes locked. And with this hedge thus perfectly placed, he held position. Relaxed. Curious. Watching. So I did too. It’s summer time in Santa Barbara. Which means it’s dry. Just over the mountains, this season is deadly hot. So savvy pr
Pass me another Bud bro, can’t pull myself away, can you believe this show? Of course, it’s heart-warming to have Egyptians celebrate our glorious revolution with one of their own. Fireworks lighting the air. Crowds filling Tahir. But lost in the wide-angle lenses were nuances. Like images of 91 starry-eyed revolutionary sisters, dragged into darkness, surrounding the square, ganged raped by hundreds of their Egyptia