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On Trump’s Tariffs
Economists and Businessmen invoke Ricardo – trade should flow where it’s cheapest. But look closer, and most countries don’t play by the free trade rules they advocate.
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The Black Swan
The central idea of the book concerns our blindness with respect to randomness, particularly large deviations.
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The Three Grid Concept
An outline of Micky Malka’s Three Grid Concept, with implications and visuals
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Richer, Wiser, Happier
About This Article: Like other entries in my Notes from the Book series, I wrote this primarily for myself. These notes serve as an online journal, where writing helps me learn and publishing sharpens my thoughts while creating an accessible reference. Expect longer quotations, drawn directly from my Kindle highlights, as I aim to capture…
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Poor Charlie’s Almanac
About This Article: Like other entries in my Notes from the Book series, I wrote this primarily for myself. These notes serve as an online journal, where writing helps me learn and publishing sharpens my thoughts while creating an accessible reference. Expect longer quotations, drawn directly from my Kindle highlights, as I aim to capture…
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Business Breakdown: Fiverr – a 2 sided freelance marketplace
Introduction A lot of pandemic era stocks lacked basic unit economics, and were found out when the funding stopped and subsequently collapsed. Some had network effects / unit economics, but needed to ‘get fit’ (think Uber and Meta), some have righted their mid-pandemic wrongs with clear turnaround / value creation plans and been rewarded (think…
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AI Stack Economics
Introduction – The Layers of AI The most important and exciting investment question right now is: ‘which parts of the AI stack will accrue the most value?’ To date, this has involved a lot of guess-work, but as the applications and limitations of AI become clearer, we’re moving from guessing to having an informed view…
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The Future of Marketplaces
Reader note: This is unedited post of an unpublished write-up from December 2022. I didn’t publish at the time as there was more I wanted to say. Things have obviously moved on – some companies recovered (e.g. Uber, Amazon, Air BNB, Carvana), some failed (e.g. Farfetch) and some are still trading at depressed values or…
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The Star Principle & making better investment decisions
About This Article: Like other entries in my Notes from the Book series, I wrote this primarily for myself. These notes serve as an online journal, where writing helps me learn and publishing sharpens my thoughts while creating an accessible reference. Expect longer quotations, drawn directly from my Kindle highlights, as I aim to capture key insights.…
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Navigating inaccurate data & misleading narratives
Deciphering Truths: Navigating Through the Maze of Inaccurate Data and Misleading Narratives.