Observations on the current state of affairs
Competitive rivalry in venture capital, recession and tech jobs in China, a banker's pipe dream and how to legitimately lose money.
Sep 11, 2024
Deriving an accurate discount rate is a fool's errand
Value sits with the beholder of cash in his pockets, who are you to say otherwise?
Sep 5, 2024
Motivations and mimesis
Do you really like the business of investing or do you just want to look like an investor?
Jul 26, 2024
A great way to fly again
SIA ends an interesting chapter of its history with redemption of its last remaining MCBs.
Jun 25, 2024
Perspectives... from an older friend
The balance sheet of the current generation of young Chinese people has basically been destroyed.
May 31, 2024
Musings from a few interesting people
Not all PE firms are created the same, China, broken return models, decision making, stupid questions, and the art of investor relations.
Apr 11, 2024
Welcome to the world's largest gambling den
No one calls fraud when things are smooth sailing and the pie is large enough to be shared. It just takes one bad egg, one wilful misstep.
Apr 3, 2024
What the whales own matter to the fishes
It only takes one bad month, one wrongly sized bad trade.
Feb 4, 2024
The things I say and do
Eating hotpot is great even if you are doing it alone.
Apr 28, 2023
A few observations
"Illiquidity Is The New Leverage And Flows Are More Important Than Fundamentals" - Eric Peters, CIO, One River Asset Management Tulip...
Apr 14, 2023