I like finance AND music. Music is very important to me and I think it helps a lot in life. I’m a big fan of rock music, but I also like jazz and classical. So from time to time I’ll post musical stuff. Hope you like it. Best.
I’ve never seen a great composer/director be so kind and easy at explaining music. I wish we had more like him.
« I am a biography nut [myself]. And I think when you’re trying to teach the great concepts that work, it helps to tie them into the lives and personalities of the people who developed them. I think you learn economies better if you make Adam Smith your friend. That sounds funny, making friends among ‘the eminent dead,’ but if you go through life making friends with the eminent dead who had the right ideas, I think it will work better for you in life and work better in education. It’s way better than just giving the basic concepts. »
Sauce: Poor Charlie’s Almanack, Expanded Third Edition, 2005
Goldman Sachs latest Top of Mind publication is about the bond bear market, and there are a number of opposing views on whether yields are going to continue climbing, or if inflation is going to accelerate or stay under control.
One of the most bearish views on bonds came from Paul Tudor Jones, the founder, CIO and principal of Tudor Investment Corporation, which has c$11 bn of assets under management according to Pitchbook.
Here are some of the most interesting quotes in the interview.