Hope all goes well… “Each player has one thing that makes him insanely special, almost inhuman,” said Jackson, my oldest, the two of us lying on the sidelines in the sun, talking competition, developing excellence, watching Charlie play 6th grade summer lax. “That’s the difference between good and great – just one special thing,” he said. “The margin of error in everything you do collapses in Division 1. Each movemen

Hope all goes well… Dusted off an anecdote from 2017 about risk taking, examining anxiety, and learning how to tell the few opportune times from all the others. See you next Sunday with full weekend notes. Happy 4th. E Week-in-Review (expressed in YoY terms): Mon: Delta variant ravages UK – most daily cases since January – Portugal requires non vaccinated UK travelers to quarantine – HK bans flight from U

“Reality is I was not put into any leadership positions,” said Jackson, “That’s not what being a plebe is about.” Mara and I dropped off our oldest at the Annapolis gates last July in a N95 mask, with $100 and a small backpack. We just picked him up an inch taller, thirty pounds of new muscle, our car filled with naval uniforms and lacrosse gear. “To learn to lead, you need to first learn to follow,” explained Jackso

Hope all goes well… “In 18 incidents, described in 21 reports, observers reported unusual Unidentified Aerial Phenomena (UAP) movement patterns or flight characteristics,” wrote the Office of the Director of National Intelligence (ODNI). “Some UAP appeared to remain stationary in winds aloft, move against the wind, maneuver abruptly, or move at considerable speed, without discernible means of propulsion. In a small n

Congress mandated that the Federal Reserve promote maximum employment, stable prices, and moderate long-term interest rates. That was in 1978. Unsurprisingly, the nation was reeling from years of high unemployment, rapidly inflating prices, and soaring long-term interest rates. In the decades since, the Fed has done a remarkably good job at meeting their specific mandate. But like all systems built to create certaint

Hope all goes well… “A nation’s exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and exports, and even the level of economic activity. So it is hard for any government to ignore large swings in its exchange rate,” said Paul Volcker, Federal Reserve Chairman from 1979-1987. Overall: “It was meant to be a tool providing dovish forward guid

“Feels like we’re at a historic crossroads,” said the CIO, an early venture investor in digital assets and the blockchain entrepreneurs who engineer them. “The rise of China, their deliberate advance, their vision for humanity, their disregard for human rights,” he continued. “And here, the inequality, growing division, political conflict, social clashes. We struggle to find common ground on even the most basic issue

Hope all goes well… In early 2000, the Nasdaq soaring, American businessman Dennis Tito planned a trip to space. He paid $20mm to spend 8-days on the International Space Station (ISS), and then watched the 2001 bust from orbit. He was the first private citizen to leave earth. In 2008, Richard Garriott paid $30mm for 12-days on the ISS. On his 3rd day in orbit, he watched Lehman declare bankruptcy far below. On July 2

“Augmented/Virtual reality (AR/VR) is being adopted at six-times the pace that was expected one year ago,” said the scientist. “The content is good enough, the technology fast enough and the price sufficiently low for adoption curves to start turning up hard,” he continued from the valley. “This is the next platform, merging reality and fantasy into something altogether new.” Big tech is racing to develop technologie

Hope all goes well… “Drift. Apathy. Distrust,” barked Biggie Too, feeling it, already in a groove. “Frustration. Irritation. Uneasy anticipation,” continued the chief global strategist for one of Wall Street’s Too-Big-To-Fail affairs. “Biggie got this deep dark feeling he’s way too early,” whispered Too, lips pursed, right at home in 3rd person. “We lost our faith in politicians and the media. Institutions. Now we’re