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...Only belatedly did I recall that this comforting sentiment is the opening line of The Godfather....
...Lilah RaptopoulosMmm, mmm, mmm. You know, I did find the idea of genius interesting, too....
...I do tend to show that map of the billion dollar disasters, and it does not align with the political map in any way....
...Does it work?...
I think NOT
...Claer Barrett Mmm. Now we’re sitting here chatting in the FT studio in London. Does it pain you, Ben, that UK-listed companies account for less than 1 per cent of your portfolio right now?...
...“Mmm. Cereal.” Whatever comes, choose wisely: it’s a moment on the lips, a lifetime on the wrists....
...Sonja Hutson Mmm. When did that change then, like, when did investors start to lose interest in small caps?...
...Therefore if I hire people of different ages, genders, ethnicities or faiths, then I am probably more likely to be hiring well than if everyone I hire hails from the same university, faith or background...
...Why does it differ from one country to another, and why does it work some years and not in others?...
...It doesn’t really play in those districts, I would argue, among the voters that Trump needs to win over. Sonja Hutson Mmm....
...Claer Barrett Mmm....
...Michela Tindera Mmm, so how are they looking to do that?...
...Nor does the EFW argument imply that no individual private credit manager can generate alpha. The point is simply that private credit does not generate alpha systematically, as an asset class....
...I’ll be looking at the competition case in many future columns I expect, but for now, I want to point Swamp Notes readers to page 11 of the DoJ’s complaint, where you’ll find a small but telling paragraph...
...Coffee does this by segmenting similar strains of coffee into two “reference varieties”: robusta and arabica (java does not have its own futures market)....
...I think looking at Barbie in that concept can teach us all some good lessons. Claer Barrett Mmm....
...It’s a question I’ve pondered ever since I first entered the organisation’s soaring tower in New York a dozen years ago....
...And I think that’s kind of the main mechanism in which something like this does work because, you know, as I mentioned, QE is usually one tool in a broader set of tools that central banks use....
...“I’d like to buy more land in Beaune....
...So because of this, because this is true about Nvidia, what inflation does and what the Fed does for the time being does not matter. Katie MartinYeah....
...How can I make sure we’re fully covered?...
...And so my whole thing this year is like every decision that I make, I’m asking myself, does this simplify things or does it complicate them?...
...And how does he feel about his work being identifiable from a single image? “It depends what mood I’m in!” Anderson’s sets require months of painstaking preparation....
...(My colleague Chris Giles recently wrote an excellent deep dive into this sort of exercise for a number of major economies — I have stolen, I mean reproduced, his chart below.)...
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