Messages
3/11/2024
8 : 4
Longreads + Open Thread
Science, Clusters, Trades, More Trades, Oil, Hurdle Rates, Walmart, Battle for the Bird Longreads + Open Thread By Byrne Hobart • 24 Feb 2024 • Comment View in browser View in browser Longreads
3/11/2024
8 : 4
Exposed! Your Torrid Love Affair With Airline Fees
Plus! Diff Jobs; Malicious Compliance; Sanctions and Third Countries; Bing and BATNAs; Celebrity Endorsements and Binary Outcomes; Supply/Demand Balance Exposed! Your Torrid Love Affair With Airline
3/11/2024
8 : 4
Longreads + Open Thread
Rates, Newsletters, Trade, Smil, Serfs, Seasons, Shorting, The Super-Companies Longreads + Open Thread By Byrne Hobart • 2 Mar 2024 • Comment View in browser View in browser Longreads Consumer
3/11/2024
8 : 4
Should You Hedge It All?
Plus! Diff Jobs; Apple Car; State-Directed Investment; Flywheels and Bubbles; Inflation Impacts; Vertical Integration Should You Hedge It All? By Byrne Hobart • 4 Mar 2024 • Comment View in browser
3/11/2024
8 : 4
Longreads + Open Thread
Salt, Trading, Research, Wirecard Spies, App Spies, Growth, HFT Longreads + Open Thread By Byrne Hobart • 9 Mar 2024 View in browser View in browser Longreads Anton Howes on the story of salt: it's
12/12/2022
13 : 24
"A Solution in Search of a Problem" is a Low-Rates Phenomenon
Plus! Money and Equilibria; eSports; The Price of Liquidity; Plausible Deniability; The Illiquidity Premium, Continued; Diff Jobs
12/10/2022
17 : 4
Longreads + Open Thread
Writing; Lifestyles; PostScript; Arms; Shorting; Economics; Dollars
12/5/2022
13 : 54
The Uses of Friction
Plus! Market-Making; Poaching and Equity Currency; China's Covid Economy; The Cost of AI; Friendshoring; Diff Jobs
12/3/2022
17 : 4
Longreads + Open Thread
Cardboard; Walkman; Shorting; Railroads; Computing; Accidental Gods
11/28/2022
13 : 24
Why Finance is Hard to Decentralize
Plus! Why They Don't Drill; Shorting; Crypto Liquidity; Food Convergence; Crypto Transparency; Diff Jobs
11/26/2022
17 : 4
Longreads + Open Thread
Mergers; SAFEs; Twitter; Hacks; Cells; MF Global; Diff Jobs
11/21/2022
13 : 54
What Part of the System Needs to be Smart?
Plus! Redemptions; FTX, Continued; Single-Celebrity Companies; Unretiring; Activism; Diff Jobs
11/19/2022
17 : 4
Longreads + Open Thread
Markets; BuzzFeed; Risk; Mortgages; Retail; LBJ; Diff Jobs
11/14/2022
13 : 54
Money, Credit, Trust, and FTX
Plus! Alternatives; Where Inflation Hits; The Best Job In tech; Sitting it Out; LNG; Diff Jobs
11/12/2022
17 : 14
Longreads + Open Thread
Philosophy; Pay; Economics; A/B Testing; ByteDance; War; Oil
11/7/2022
13 : 4
Kroger / Albertsons: Buying Data in Bulk
Plus! Meme Shorts in Crypto; Unfiring; Will Expensive Food Cause Expensive Food?; The Outrage Cycle; Stability and Financial Repression; Diff Jobs
11/5/2022
16 : 4
Longreads + Open Thread
Cybernetics; Thermometers; Scams; Media; Publishing; Paper Belt
10/31/2022
12 : 44
Is Mental Math Part of the Current Meta?
Plus! Diseconomies of Scale; Licensing; Inflation; Normalization; Ads: Content and Context; Diff Jobs
10/29/2022
16 : 4
Longreads + Open Thread
AI and Value Capture; AI and Advertising; Huawei; China's Chips; Money Laundering; Loans
10/24/2022
12 : 14
Snowflake, Revisited
Plus! Microsoft's Antitrust Edge; The Free Time Dividend; Feedback Loops; The News Business; Ending the Traffic Jam; Diff Jobs