THURSDAY THREADS: When Genius Failed

THURSDAY THREADS: When Genius Failed

One of my favorite books of all time is Roger Lowenstein’s “When Genius Failed” about the rise and fall of Long-Term Capital Management (LTCM). As the Archegos drama unfolded this past week, the media were quick to draw a comparison to LTCM. It actually reminded me...
thursday threads: When Wall Street Me(e)t(s) Crypto

thursday threads: When Wall Street Me(e)t(s) Crypto

Wall Street is descending on crypto. Famous institutional investors declaring their love, bankers falling over themselves to get hired by a hot crypto firm, Goldman launching a desk, and the FT seemingly throwing in the towel on crypto cynicism. It’s interesting, on...
Thursday Threads: Coinbase S-1, a historic moment

Thursday Threads: Coinbase S-1, a historic moment

I had a very different version of Thursday Threads ready to go when I woke up this morning, but what do you do when Coinbase drops its S-1? This is a historic moment for crypto. The document provides unique insights into what is one of crypto’s oldest, most...
Thursday Threads: Like a snowball

Thursday Threads: Like a snowball

Lots of snow and related inconveniences in the US this week so I hope those affected are staying well. Crypto seemed undisturbed by it all with both bitcoin and ether breaking fresh records. With that, the crypto market cap broke $1.5B, another milestone. All against...