Brownstone | The Modern Slave
“The best way to keep a prisoner from escaping is to make sure he never knows he’s in prison.” What if the most effective slavery in history isn’t hidden—but public, celebrated, and defended by the very people it enslaves?
YouTube | Steve Eisman Shares the Real Story Behind Predicting the 2008 Crash | The Real Eisman Playbook Ep 20
In this episode of The Real Eisman Playbook, we’re doing something a little different. In the past I’ve only interviewed guests, but today I’m going to be interviewed. For this endeavor I needed a real professional so I brought in Melissa Lee of CNBC. In this episode, we discuss the state of the market today, my early career, The Big Short (both the trade and the movie), and my current interests.
OakTree Capital | The Calculus of Value
In his latest memo, Howard Marks sets forth the essence of value and price, as well as the critical relationship between the two. He posits that value exerts a “magnetic” influence on price, meaning the relationship of price to value should be expected to strongly influence performance in the long run, with high valuations presaging low subsequent returns, and vice versa.
PC Mag | ChatGPT Gets ‘Absolutely Wrecked’ in Chess Match With 1978 Atari
The chatbot ‘made enough blunders to get laughed out of a third-grade chess club,’ according to the developer who set up the contest.
The New Yorker | What If A.I. Doesn’t Get Much Better Than This?
GPT-5, a new release from OpenAI, is the latest product to suggest that progress on large language models has stalled.
Instagram | Southpaw: The Life and Legacy of Jim Abbott
In the history of Major League Baseball there have been 326 no-hitters, but none as improbable as September 4, 1993.
Investment involves risk, uncertainty and assumptions. The value of investments rise and fall and there is a risk you may not recoup the amount originally invested. Past performance is not a reliable indicator of future performance.
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