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...Only belatedly did I recall that this comforting sentiment is the opening line of The Godfather....
...I do tend to show that map of the billion dollar disasters, and it does not align with the political map in any way....
I think NOT
...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?...
...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....
...Much to ponder, then, as I struggle up that blasted hill for a fifth time. And perhaps next time I take part, I could even share some of these nerdy reflections....
...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...
...It’s a question I’ve pondered ever since I first entered the organisation’s soaring tower in New York a dozen years ago....
...“I’d like to buy more land in Beaune....
...How can I make sure we’re fully covered?...
...The title Sometimes I Think About Dying is not obviously calculated to fill cinemas....
...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.)...
...“I think they have completely internalised the types of incentives we see in the private sector....
...From a voter sentiment point of view, it does not matter a great deal how high US growth goes if interest rates remain at such elevated levels....
...The writer notes that the wider perception of psychoanalysis is that it does not conform to scientific standards. What sort of ‘standards’ are there in psychology?...
...I have just inherited a majority of the company. I would like to lead by example and donate a portion of my salary to charity every month....
...If this is fundamentally a quality problem, the quality of the Russell 2000 has to improve before its performance does....
...Am I alone in missing the days when the realm of the future was clearly distinguished from that of the conditional?...
...I am writing this on a MacBook that is much the same as the laptop I first owned a generation ago. People watch episodic TV shows, as they did in 1990, even if they do so on-demand....
...But you know, I mean, it ends on sort of, it’s even hard to figure out. Does it end on a cynical take? Is it like, how does he feel about journalists? It’s a complicated picture....
...“I don’t see anything in this [GDP release] that to me has any inflationary concerns associated with it,” Yellen said....
...It’s not a totally satisfactory method (how does it account for plain old luck, for example?) but it’s often the best one can do....
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