DooDiligence

Cohn's legacy. Never take responsibility for anything.

There'll be a special section for children.

At least he's consistent.

You left out the most unhinged part of the quote. Happy Easter from the most Christian president ever. /S

It's OK, go ahead and write it, it's just money. https://www.foreign.senate.gov/press/dem/release/ranking-member-shaheen-presses-dfc-ceo-for-answers-on-risks-to-taxpayer-and-potential-benefits-to-china-from-20-billion-strait-of-hormuz-maritime-insurance-proposal

No takers? https://gcaptain.com/u-s-doubles-hormuz-insurance-backstop-to-40b-in-hopes-of-luring-ships-back/

Same, regarding the technical stuff. I'm hoping the more you read, the more you understand, but electrical engineering ain't like learning about heart valves and peptides.

Didn't know where to put this, but here seems right. I really like this guy. H/T to @gfp for tipping us all to him. https://irrationalanalysis.substack.com/p/its-just-money-its-made-up?

I watched The Thinking Game last night. The AI's will most certainly spare Demis Hassabis. It got me wondering about the implications of AI and protein folding for Novo Nordisk.

My remark was in no way critical of Ajit. Announcing a consortium of reinsurers is not the same as actually underwriting the risk. I fully expect that he'll continue the same underwriting discipline. The image of Buffett on the Good Ship Berkshire is kind of a funny coincidence though.

LOL, imagine taking exposure here based on donny's promise that the risk is good. Sure, we'll take a sliver off the end for a gazzilion dollars.

OMG! and it's current. Apparently I'm not.

I don't own this but couldn't think of a better place to put it. Is there a private credit thread? https://economictimes.indiatimes.com/tech/technology/blue-owl-limits-withdrawals-in-two-funds-after-historic-surge-in-redemption-requests/articleshow/129981179.cms?from=mdr

I'd also add that the original post was more about sticking to a particular style.

The analogy (as I took it), is that the more you touch a bar of soap, the smaller it gets. The concept could be applied to mere mortals taking excessive draws on savings, and / or, high portfolio turnover in the wrong hands (read ME). Either way, I believe it boils down to behavior. “All of humanity's problems stem from man's inability to sit quietly in a room alone.” ― Blaise Pascal, Pensées To your point, I don't believe that being filthy rich preordains stink, but there sure are a lot of ultra wealthy, high profile individuals who could stand a good scrubbing.

Nice!

https://radiologybusiness.com/topics/artificial-intelligence/ceo-americas-largest-public-hospital-system-says-hes-ready-replace-radiologists-ai

¿Por que no los dos?

What's up with the new Hooters girl?

The law and order crowd. https://www.commondreams.org/news/jan-6-pardons-new-crime https://www.justice.gov/pardon/clemency-grants-president-donald-j-trump-2025-present

"A man pardoned by President Donald Trump for his actions on Jan. 6 has been sentenced for possessing more than 100,000 child sexual abuse images and videos discovered in connection with his Capitol riot case." https://www.nbcnews.com/politics/justice-department/jan-6-rioter-pardoned-by-trump-sentenced-child-pornography-collection-rcna265963 === In other news, "President Donald Trump's former spiritual advisor, Robert Preston Morris, said Tuesday as he was released from prison after serving time for child sexual abuse that what he did "was wrong." The 64-year-old Texas megachurch founder pleaded guilty last year to abusing a girl, starting when she was 12 in 1982, in Oklahoma." https://www.newsweek.com/robert-morris-gateway-church-jail-child-sex-abuse-11765306 === maga LOL

trump has an unquenchable thirst for more of everything he's a MASSIVE attention whore his lies are an embarrassment his entire life is a pox on the planet

A lot of the macro discussions go over my head, but the more I read them, the more they make sense. I also really enjoy learning about monetary plumbing. Neither subject does me much good with investing, but I like having a casual understanding of what goes on behind the curtain, and how it might affect the overall economy. For the most part, I lack the ability for higher order thinking in financial analysis. What I really find useful is discussions about behavior.