weekend notes

Hope all goes well… “When you and I grew up, half the world was covered in communism,” said the CIO. “Global markets and international business provided the keys to liberate the human potential stifled by that system,” he continued. “When we started in the business, there weren’t vast pools of human capital moving piles of paper. But those days are done.” Too much of society has become financializ

Anecdote: “There are numerous ways to look at current circumstances in an area of change,” said the Chairman. “When analyzing an area, it’s helpful to consider at least a few, and explore how we develop our various opinions,” he continued. “What we often discover is that our perspectives are path dependent. How we got here, dominates how we view the future.” We were discussing blockchain technolog

Hope all goes well… “The #Inspiration4 launch is one outcome of our nation’s partnership with private industry,” tweeted NASA’s deputy administrator, Musk’s rocket racing into orbit. “Creating a sustainable economy in low-Earth orbit including commercial transportation to space for people & crew and commercial space stations is critical to our future on Earth & in space.” Half a world away

The Case for Quantum Change Change is the great constant in human existence. And yet, for reasons we will perhaps never fully understand, we seek its opposite – stability – a state that does not exist. In fact, stability is the one thing we cannot have no matter how hard we strive to secure it. All we can hope to attain is the illusion, so we conjure it, and shelter within. Even still,

Hope all goes well… Been working on a longer form piece about the extraordinary environment we are entering and the investment strategies to exploit the change ahead. It is titled: The Case for Quantum Change. You’ll find it attached and I also sent it in a separate email. All the best, E Week-in-Review (expressed in YoY terms): Mon: US holiday – quiet markets, China sends 19 aircraft into Taiwan

Hope all goes well… I take late summer off from writing weekend notes. Reading more, recharging. And been working on a longer form piece for next Sunday, exploring the wild decade ahead. But in the meantime, I dusted off an old anecdote about building trust, its centrality to everything truly important (see below). Enjoy your Labor Day weekend. All the best, E Week-in-Review (expressed in YoY term

Hope all goes well… I take late summer off from writing weekend notes. Reading more, recharging. In the meantime, dusted off a piece I wrote in early January, to capture the enormity of what is now unfolding. And as One River races, evolving, advancing, embracing the uncertainty and opportunity that materializes in periods of great change, it felt right to re-publish The Case for Digital Assets (s

Hope all goes well… I take late summer off from writing weekend notes. Reading more, recharging. In the meantime, dusted off an anecdote from 2016 about challenging the status quo, destroying our treasured creations, reinventing ourselves. All things to embrace as we enter an extraordinary decade, in monetary/fiscal policy, geopolitics, markets, inflation, digital assets – the ground beneath

Hope all goes well… I take late summer off from writing weekend notes. Reading more, recharging. In the meantime, dusted off an anecdote from 2018 about magic, mysteries, the sublime wonder all around. And where to look for the greatest opportunities (see below). All the best, E Week-in-Review (expressed in YoY terms): Mon: ECB’s Weidmann warned inflation in the euro area could pick up faster than