Solar vs Investing – Which Actually Makes You More Money?
One of the most common comments I receive whenever I post about solar is: “You haven’t factored in the opportunity cost.” And it’s a fair point. If you spend £20,000 on a solar and battery system,…
What If We Designed Economies Like West African Villages Instead of Corporate Trees?
A Cameroonian village, a London gallery, and an economist walk into the same argument: that value is something we make together at every scale — or it isn't value at all. Observatory on fractal…
Primary Energy Fallacy: Why Demand Is Overstated
Updated May 2026 with refined visuals, clearer examples, and expanded analysis. The energy transition is easier than it looks Caption: Electrification reduces total energy demand by cutting systemic…
Top 1% Income vs. Top 1% Net Worth: Which Is Harder to Achieve?
Here is a question worth sitting with: which is actually harder to achieve, a top 1% income or a top 1% net worth? Most people assume income. The number sounds impossibly high, the competition sounds…
Eleven Days at #1: What KONAMI Knows About Japan That Your Localization Brief Doesn’t
On March 28, the Japanese games-business site Gamebiz published a one-week recap of the App Store sales ranking. The headline was a number. Pro Yakyuu Spirits A, a baseball mobile gacha that you…
The Filipino Agency Advantage (And Why Most Waste It)
I've run a digital agency from Manila for 23 years. I've billed clients in San Francisco, London, Sydney, and Canada — often at rates that would make a US shop laugh, and sometimes at rates that make…
Every little bit helps? The opportunity cost thing [2m]
People like to defend their favourite health and wellness practices by saying that “every little bit helps.” This is often intended to disarm and evade any skepticism by conceding the obvious: “Sure,…
Space economy - notes from lecture about origins and structure
Space activity started as a government effort. It was driven by competition, mainly between the USSR and the USA.Key early milestones:1957 – first satellite, first signal from space1957…
We need tariffs
Farmer here. We would not need market interventions if we simply had high tariffs on food. Farmers produce a commodity product that has to compete on price with food grown in countries with zero…
Case Study 30: Afileon – How Private Capital Enters a Protected Profession Without Owning It
For decades, the German tax advisory market was not simply fragmented. It was deliberately engineered to remain so. More than 100,000 licensed tax advisors operating across roughly 55,000 firms…
The Untapped Economics of Minor League Broadcasting
The FAST-era distribution stack has quietly inverted the unit economics of minor league broadcasting — most of the teams we already cut were already in the black, and nobody had the measurement layer…
Why You Can’t Hire Your Way Out of Sales
Founders who try to skip learning sales by hiring a "silver bullet" salesperson almost always fail. Here's what to do instead.
Open weights are quietly closing up - and that's a problem
Open weights models keep frontier labs honest on price. If they disappear, we end up with a handful of oligopolists extracting consumer surplus.
Attention Capital
Why modern inequality is also about the ability to protect one’s time, attention, and environment.
Watch what they buy, not what they say
Forms ask people to declare preferences. Receipts record what they did. The gap between the two is where revealed preference lives, and it's wider than most product teams admit.
Zeta: Q1 2026 Email Marketing Benchmarks
Zeta Global just posted their latest email and SMS benchmark report. Curious about open, click and unsub percentages across a whole bunch of industry sectors? Zeta's got that. Retail, Financial…
The Real Reason AI Tokens May Get More Expensive
It is not only inference. It is the frontier race. There is a popular argument in AI right now: Token prices are low because frontier labs are subsidizing them. When the subsidy ends, many AI…
Mexico ships 83% of every fresh avocado the U.S. imports
In 2025, the U.S. imported 2.7 billion pounds of fresh avocados. Mexico supplied 83%. Peru, Colombia, and the Dominican Republic split the rest.
Allocation with Substitutes
Here, we consider the problem of allocating limited inventory across demand sites, given the availability of a lower-quality substitute that can be used when inventory runs out. We find that it can…
0073 - you can make more money buying MTG cards than the lottery
There was once a potato who could not go without eating chips. ‘Oh, what does that make me, Mother? A monster’? He trembled at the truth of it. ‘Who knows’, said she as she heated the oil in the pan…
Magical Efficiency Thinking
From “Changes in Nonprofit Hospitals’ Finances, Operations, and Quality of Care After Using Management Consultants,” published in JAMA: Nonprofit hospitals in the US (n = 2343)…
Who really benefits when private equity buys your financial adviser?
Financial advice consolidation in the UK has put private equity in control of hundreds of firms. Here's what vertical integration and hidden conflicts mean for your money.
A Reciprocal Gift Economy: The Serviceberry
The Serviceberry: Abundance and Reciprocity in the Natural World by Robin Wall Kimmerer, is a popular and delightful book that promotes the idea of a reciprocal gift economy. I included the Gift…
The Fog Economy
When systems slow people down, culture reorganises around the illusion of progress.
The balance sheet that lets me not work
Disclaimer: This is not financial, tax, or investment advice. It is a description of how I structure my own balance sheet, with risks I understand and accept for my situation. Borrowing against BTC,…
Runner Dock Daily Report: May 5, 2026
Runner Dock operating report Snapshot as of 2026-05-05 09:04 BST / 08:04 UTC. Recommendation: CEO should approve the GCP-controlled GitHub Actions design-partner outbound path and pricing-test…
The Billion-Pound Ghost: Why Project Pathfinder is the Economic Firewall Scotland’s Games Sector Needs
Project Pathfinder: Last week, the Herald published its list of the 50 most powerful people in Scottish arts and culture. It was an impressive collection of talent – but it was also a perfect…
»Das ist ein großer Wahnsinn«
In einem Interview mit DIE ZEIT spricht Dr. Parag Khanna darüber, wie die Blockade der Straße von Hormus die systemische Verwundbarkeit globaler Lieferketten offengelegt hat. Er argumentiert, dass…
Deep Dive: Is Chip Wilson Right?
On brand harvesting, the lululemon proxy fight, and the rebuild the AI age requires. Chip Wilson’s April 29 letter to lululemon shareholders is the most coherent statement of his case to date.…
The data on Jira vs Linear: Who’s winning new customers?
Last Updated: May 4, 2026 For the past few years, every Twitter/Reddit thread about project management tools goes… The post The data on Jira vs Linear: Who’s winning new customers? appeared…
The AI Free Lunch Is (Almost) Over
Free dinners from Foodora ended. Free Claude Code dinners are next.
Autonomous Cars Might Save European Rail Freight
In the US, railways are mostly seen as a means to carry freight, with the passenger rail system in a rather desolate state. Europeans, however, have long prided themselves on high-speed long-distance…
Deep Learning for Volatility Surface Repair
A self-contained synthetic benchmark of a small mask-conditional CNN against calendar-projected linear interpolation and a per-slice SVI fit. A volatility surface marker is rarely a clean rectangle…
EarthBucks 2.0: Making EBX Real
EarthBucks 2.0: Making EBX Real
Keep an Eye on Netflix and Spotify
Both Netflix and Spotify deserve close monitoring. From Wall Street’s perspective, something is wrong with the companies. On a combined basis, Netflix’s and Spotify’s market caps have declined by 35%…
Mufemilast Phase 2 Data May Partially De-Risk Palisade Bio's PALI-2108
Hemay’s Phase 2 mufemilast data suggest that oral PDE4 inhibition can drive biologic-range remission rates in moderate-to-severe ulcerative colitis. This class-level evidence may partially de-risk…
Is “Capitalism” a Misnomer?
This is a paper on Marx's notion of "capitalism" and Frank Knight's notion of "civilization" and why both leave much to be desired.
What I Saw McKinsey Get Wrong at HP And Couldn’t Stop
Mindjacking doesn’t always come from outside. Sometimes you watch it happen in real time and still can’t stop it.
A Better Way to Evaluate Money Laundering Detection Algorithms
Each day some trillion dollars change hands in any sort of financial transaction. Hidden in this money ocean there are also fraudulent actors, which attempt to sanitize illicit money by making its…
Wartime Balance of Payments in Neutral Sweden
             The First World War tested the fiscal systems of all belligerent countries, usually in unprecedented ways. Governments had to…
Get off at the next station
There is an old Japanese legend that carries more weight than any Ivy League finance degree. It says that if you find yourself on the wrong train, you should get off at the nearest station. It sounds…
Stop Losing Trades to Your Keyboard — Here is What Traders Are Using Instead
There is a tool that serious traders have been waiting for and it is finally here. TRIGGR is a physical trading controller designed for one purpose — to make sure you never miss a trade because your…
The Pivot: A Thorough, Ongoing, and As Yet Inconclusive Account of the Last Days of Disruptive Innovation in the Western Hemisphere
Brayden Holt-Weissmann woke up at six in the morning because that is what founders do, and Brayden was still, technically, a founder, in the same way that a man standing in the ruins of a bakery is…
The Chair's Dilemma: When the Board Becomes the Problem
When the board itself becomes the obstacle to clear thinking, no governance code can save the company. On groupthink, pluralistic ignorance, and the difference between directors who serve the company…
Ep. 1388: Ross Greene Interview with Michael Covel on Trend Following Radio
Subscribe to Trend Following Radio on iTunes My guest today is Ross Greene. He is a clinical child psychologist. Greene’s research has been extensively published in academic journals and he and…
historical comparisons for how AI is revolutionary to how businesses operate
Every organization that relies on digital data faces a Kodak -like transformational choice: how to invest in leveraging LLMs versus continuation of legacy processes. Here "organization" includes…
CryptoReflexions#23 - Trésorerie crypto en société belge opportunité ou risque ?
Bonjour à tous, Un rapport publié en mars 2026 par Keyrock, Safe et DLResearch analyse la gestion de trésorerie de 25 grands protocoles crypto. Le constat est saisissant : 93 % de leurs actifs sont…
Bifrost Singapore/LA 100G Wave: $35K MRC
Term: 1 Year. NRC: $10K. Delivery: 8 to 10 weeks. A pt: SG1. Z pt: LA1. Remark: No Bifrost provider currently offers 10G waves.
Lectronz and IOSS
We sell lots in the UK (services and goods), and handle UK VAT, obviously. Some of you may be surprised that A&A sell all over the world as well - development circuit boards. I have mentioned it, I…