- The Idea Farm
- Ozempic and AI Flipping the Future Economy
Ozempic and AI Flipping the Future Economy
“Investing is the age-old, never-ending emotional battle between fear of the future and faith in the future.”
J.P. Morgan - 4Q23 Guide to the Markets (71 slides)
As always, lots of great charts from J.P. Morgan’s quarterly Guide to the Markets.
Michael Lewis talks about Sam Bankman-Fried and why he doesn’t think FTX was a ponzi scheme (27 minutes). Link
At Stanford Law School, Joseph Bankman and Barbara Fried specialized in ethics and social fairness. Now their son stands accused of one of the largest financial frauds in U.S. history. Link
AngelList analyzed 1,700 seed deals since 2018 to see if valuation mattered for investment returns. Link
Ben Thompson wrote about the rise & fall of ESPN’s leverage (before Disney’s agreement with Charter). Link
Jared Dillian pens a timeless piece about why “the best days are ahead.” Link
George Weiss Associates CIO Jordi Visser discusses the new category of drugs that were first put on the market to address diabetes, but are now also being used for weight loss (like Ozempic). He addresses the impact from a longevity, economic and market perspective.
Mike Maples talks about his approach to seed-stage investing, why Floodgate has shifted their strategy to focus on great founders, and how they go about doing so.
Zeke Faux, the author of “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall,” discusses the crazy last few years for crypto, the rise and fall of Sam Bankman-Fried, red flags at Tether and more.
WHAT ELSE IS HAPPENING
Meb Faber talked with Mikhail Samonov about lessons from over 200 years of financial history.
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