Do Higher Rates Actually Drive Progress?

Something ironic and seemingly paradoxical is happening in the world of capital investment. Just as money got expensive, with interest rates at their highest levels in 15 years, funds and companies are pouring unprecedented sums into massive infrastructure projects. Trillion-dollar investments in AI infrastructure. New chip factories. EV gigafactories. Energy infrastructure buildouts. VCs backing capital-intensive … More Do Higher Rates Actually Drive Progress?

My Investing Framework: Rethinking Risk and Betting on Different Perspectives of the Future

I was recently listening to What Alex Danco Thinks About Basically Everything , a long, rambling but incredibly insightful podcast with Alex Danco, a member of the Social Capital Discover team and author of the fantastic Snippets weekly newsletter. Somewhere in the middle of the podcast Alex inadvertently articulated my exact investing philosophy in a way … More My Investing Framework: Rethinking Risk and Betting on Different Perspectives of the Future