My morning train WFH reads: • The Coming Loop: I don’t prompt Claude anymore. I have loops running that prompt Claude and figuring out what to do. My job is to write loops. The Flask creator on agentic AI and the feedback loops we’re about to build into everything. Thoughtful, from someone who actually ships…
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My morning train WFH reads: • Iran Is a Bigger Defeat Than Vietnam: FP makes the strategic case that Iran is a worse strategic loss than Vietnam. The comparison will annoy people; the argument is sharper than expected. A war of choice has turned into a strategic disaster for Washington. (Foreign Policy) • 10 things…
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My morning train WFH reads: • The Future of Work & AI: How 16 top economists think AI will change the job market, and how to prepare for AI’s labor-market implications. Useful as a baseline against the louder, less data-grounded takes. (Wall Street Journal) • An entire industry is being propped up by math that…
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My morning Montreal reads: • Shorting SpaceX? Jefferies Becomes Go-To Bank After IPO Miss: It’s the kind of look that ambitious investment bankers usually strive to avoid: When SpaceX named the roughly two dozen firms handling its IPO, Jefferies Financial Group Inc. was conspicuously absent. But behind the scenes, bearish investors and some of Jefferies’…
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My morning train WFH reads: • Land Appreciates. Homes Depreciate. The structure (house) is a depreciating asset: without continuous investment and updates, its value declines over time, even after renovations. The land is the appreciating component: long-term price gains in real estate are primarily driven by rising land values, not by the building itself. Jonathan…
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My morning train WFH reads: • Before you invest in crypto, watch this film: Mother Jones on a documentary diagnosing crypto as a wealth-transfer machine pointed at retail. The OC star turned skeptic remains an unlikely but effective explainer. Ben McKenzie scorches the cult of cryptocurrency. (Mother Jones) • Nobody Knows Anything: A market-strategy riff…
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NOTE: Apologies for the “Critical Error” mess that showed up yesterday. Turns out, it was a WordPress memory issue that has since been resolved… My morning train WFH reads: • Anthropic Was Behind. Now It’s the AI Boom’s Front-Runner. After years as also-ran, startup pulls ahead in AI race after focusing on enterprise users and coding (Wall…
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My morning train WFH reads: • I Asked ChatGPT to Manage a Stock Portfolio. Here’s How It Did. What followed was a monthslong back-and-forth on everything from tariffs to leveraged funds . Spoiler: it picked momentum and got beaten by a bad market. Useful as a reality check on the AI-as-PM pitch deck. I planned…
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My morning train WFH reads: • Renewable energy just broke a 100-year-old streak Coal’s century at the top of the world’s power mix is over. (Vox) • I Just Drove a $10,000 Chinese EV and It Didn’t Suck: Geely’s EX2 is the hottest car in the Chinese market, and for good reason from what we…
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My morning train WFH reads: • Women get worse investment advice: There are plenty of differences between men and women; how they invest their money, how they deal with risk, etc. But given the same circumstances and risk preferences, men and women should get the same advice from their financial advisers. Guess what? That doesn’t…
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My Passover WFH reads: • FDA approves Eli Lilly’s GLP-1 pill, opening the next phase of the weight loss drug market: The FDA approved a GLP-1 pill from Eli Lilly called Foundayo. Foundayo isn’t as effective as Lilly’s weekly shot Zepbound, but the once-daily pill could be attractive for people looking for convenience, and it can…
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My morning train WFH reads: • Traders Placed $580mn in Oil Bets Ahead of Donald Trump’s Social Media Post on Iran Talks: Someone placed enormous oil bets right before Trump’s Iran post moved the market. Coincidence is one explanation, but not the most obvious one. (Financial Times) • Maybe Turning War Into a Casino Was a Bad Idea?…
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My morning train WFH reads: – Iran tells world to get ready for oil at $200 a barrel as it fires on merchant ships: Tehran is targeting commercial shipping and warning of triple-digit oil. The Strait of Hormuz risk premium is no longer theoretical. (Yahoo News/Reuters) – Private Credit’s Gate-Crashers Are Forcing Funds Into a Reckoning:…
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My morning train WFH reads: • Europe v America: Who’s Really Winning? A wonkish but important discussion (Paul Krugman) • Finance in the Dark: The unregulated industry at the heart of the American economy (Phenomenal World) • Data center builders thought farmers would willingly sell land, learn otherwise: Even in a fragile farm economy, million-dollar…
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My morning train WFH reads: • The grift economy is going mainstream Scams and grift have evolved from fringe activity into normalized economic behavior, marking a fundamental shift in how cons operate in plain sight. (Your Brain on Money) • Detroit Automakers Take $50 Billion Hit as EV Bubble Bursts: The Big Three face massive write-downs as EV…
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My morning train WFH reads: • Here’s Fidelity Contrafund’s Will Danoff’s Secret Sauce: Fidelity Contrafund’s retiring manager showed how long-term stock-picking success is still possible. After decades running one of the biggest mutual funds on the planet, Danoff’s edge comes down to something surprisingly old-school: talking to management teams. (Morningstar) • 200 lines of markdown…
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My morning train reads: • The Bitcoin Perpetual Motion Machine Is Starting to Sputter: Crypto treasury companies quietly crept into index funds and retirement accounts. Its collapse is good news for all of us. (Slate) • DraftKings and FanDuel spending millions on 2026 midterms: The two largest online sports gambling companies, DraftKings and FanDuel, have…
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