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I did 3 rounds of interviews with BW. It was … an “experience” 1. Dinner -> seemed normal enough… I had no idea what to expect. Was at the top restaurant in Cambridge… anything we wanted. As a starving MBA, was a highlight. Invited to a debate after. 2. 8 person debate.…
Spiro is not an example of a traditional VC play in Africa. It is closer to the OPay 'brute force' playbook. They might say their competition is gas bikes, but it's been known for a while that they're crushing the competition. How? They were literally built differently: Spiro…
Investors are finally hearing the warning signs.... "Investors Pull Cash From CLO ETFs in Biggest Outflow Since April" "...ETFs of collateralized loan obligations experienced an outflow of about $516 million last week, marking the first investor exodus in about six months,…
World Bank warns of “cosmetic management” of African economies. Behind the façade of growth lies a Eurobond crisis. Borrowing costs up 39%, maturities down 18%, yet nations keep rolling over costly debt, especially Kenya (9.95%), Gabon (12.7%). A refinancing storm looms by 2027.
as i've pointed out to friends when discussing Margin Call, if someone like the CEO of Goldman Sachs tells you he is not that bright, didn't get there by brains, etc. HE IS LYING TO YOU.
It’s not that the bosses are lower IQ, it’s that high-IQ/low-EQ experts need to be reminded how to communicate with individuals who don’t have their background They literally have reduced theory of mind and will assume everyone knows what they know unless told otherwise
In Margin Call, every escalation up a layer is to a simpler mind. "Please, speak as you might, to a young child. Or a golden retriever." youtu.be/fij_ixfjiZE?si…
youtube.com
YouTube
Margin Call 2011 Senior Partners Emergency Meeting HD 1080p
Weekend reading: A Primer on the Impact of AI on the GDP Statistics GS
The exposure of the world to US equities is at record levels. A stock market correction would have more severe and global consequences as compared to what followed the dot-com crash. The tariff wars and lack of fiscal space compounds the problem. The underlying problem is not…
The biggest OGs in naij finance have incredible txns on their CVs - the guys that did Lekki-Epe, all the early MTN txns. Boys today will do 10 years and realise all they did was commercial paper issuances, omo 🙂↔️
Everyone under 30 is prematurely old (worried about savings, career, FIRE). Everyone over 50 is desperately young (Burning Man, psychedelics). My theory: Information abundance aged the young by showing them all future problems all at once. Information abundance also made the…
Only because I'm not in the web 3 space yet. Coming soon, Prepare yourselves.
No designer in the entire web3 beats mine. Not one. If you think you're better, quote this post with your works🫡
I come back to this thread every time I argue that fraudsters and thieves do have choices. Poverty is NEVER an excuse to become a criminal.
My Dad accidentally taught me an important lesson about HONESTY which is the reason why I can never be involved in any form of FRAUD; When I was in JSS1, my dad was so broke and we were all living in the same room, my parents and six kids; One night, I woke up to my Dad....
People mock what they don’t understand. Last year, I dressed like my miracle, even made a paper boarding pass with my name on it, acted in faith, and waited on God. It was funny, and I probably looked mad because I was dressed in a winter jacket in my room, holding a travel box.…
Okay. How do you explain those who were also dressing like their miracles last year? Someone used cardboard paper to design Nigerian passport & visa. I no get strength to argue. But you're right, not all of them are like that. However, a significant percentage are.
My sister-in-law worked Monday to Thursday and got her first biweekly paycheck as a medical doctor - $6,380.63 netpay... The same person worked tirelessly Mondays to Fridays in Nigeria as a medical doctor and got less than 200k monthly pay for 6 years... Let that sink $6k plus…
lmaoooooo so accurate
there are two types of people in the world: – ”It’s already 10pm” and – ”It’s only 10pm” and they marry each other.
there are two types of people in the world: – ”It’s already 10pm” and – ”It’s only 10pm” and they marry each other.
love this guy!
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