Money Stuff This week’s episode of the Money Stuff podcast is out now. I’m again joined by guest co-host Mary Childs, of Mary in America. We discuss Bab Podcast This week’s episode of the Money Stuff podcast is out now. I’m again joined by guest...
The best Stratechery content from the week of September 28, 2026, including Meta's focus, what OpenAI is doing, and Mao and NBA Media Day. View in browser (...
View this post on the web at https://theoilbandit.substack.com/p/mexican- standoff So we are stuck in the 100s; neither the promises of kinetic action, nor the “back to pre-war levels” talk can break the cycle. Even the most volatile portion of the...
Money Stuff Fees, tests, votes, Knicks. View in browser Private markets are the new public markets: Performance fees A simple model is: * Regular retail investors pay index fund managers fees of approximately 0.03% of assets. * Sophisticated...
Money Stuff Man City, cotton, Waldron. View in browser Attention is all you need My little financials dispersion trade [1] <> is: * Some retail-facing financial businesses make their money from customers who paytoo little attention. * Some...
Money Stuff Agents, 351, options. View in browser Sub-existential risk One thing that artificial intelligence labs’ frontier models have gotten up to recently is hacking intocompanies ’ and governments ’ computer systems. If you are worried about AI...
********* Commoncog ********* a newsletter on accelerating business expertise \------------------- Commoncog This Week \------------------- This week's Commoncog piece is members-only; next week's piece will be free. ​The Pritzkers: Capital...
NO. 662 FREE EDITION SUNDAY 27 SEP 2026 SPONSORED BY OUTSKILL https://us.list- manage.com/U9RBQ4e9f_s?e=0646444dc3&c2id;=9e8194e1a37a39593be010b11f77be0d What are you waiting for? 2027 is just a few months away....
Ask of any proposed change or innovation: What will this do to our community? How will this affect our common wealth? – WENDELL BERRY Artwork by Natalie Shilo [1] [Dense Discovery] [2] [Dense Discovery] [2] HELLO DISCOVERERS! I don’t intend for DD to...
Money Stuff Nvidia, Automattic, agents. View in browser Structured notes A traditional model might be: There are a lot of investors in the world and they each want to take some risks. Some big asset managers want to own the stock market and alsobuy...
Agents are the ultimate Aggregators; they reveal apps as a means, not an ends, and providing them is tech's biggest prize. View in browser...
View this post on the web at https://jamescrabtree.substack.com/p/a-mafia- boss-theory-of-trump-xi-meetings Greetings from a wet Long Island, where I am at a US / China meeting, at a fancy gilded age mansion, following a fun week in DC and NYC. I fly...
View this post on the web at https://theoilbandit.substack.com/p/populism-at- the-pump Ok, I’ll play… let’s say the US bans diesel exports for 90 days, but before going to the implications let’s rewind a little bit and go a few weeks in time. The...
The best Stratechery content from the week of September 21, 2026, including Meta vs. Amazon, GM bending the knee to CarPlay, and profiling the profiler. View in browser (...
Money Stuff Force majeure, PE, credit cards, eggs. View in browser Deal list leak I always think of an investment banking group’s “pipeline” as a fairly aspirational document. “What deals do we have coming,” your boss asks you, so you go write down a...
Money Stuff Muse, TPAI, 14a-8, pools. View in browser Kalshi Klear Back in March, I wrote up a little flight of fancy about leveraged prediction markets. A prediction market like Kalshi or Polymarket mostly lists binary event contracts that pay out...
Money Stuff DGCL 262, gambling, shakes, WLF. View in browser RIP appraisal? Last March, Silver Lake, the private equity firm, bought out the minority shareholders of a company it controlled for less than their shares were worth. This wasn’t quite its...
********* Commoncog ********* a newsletter on accelerating business expertise \------------------- Commoncog This Week \------------------- This week's Commoncog piece is members-only; next week's piece will be free. ​The Creation of Four Seasons, and...
NO. 661 FREE EDITION SUNDAY 20 SEP 2026 SPONSORED BY SLACK https://us.list- manage.com/16i8FRUotdn?e=0646444dc3&c2id;=9e8194e1a37a39593be010b11f77be0d Get Started with Agentforce in Slack...
Technology giveth and technology taketh away, and not always in equal measure. – NEIL POSTMAN Artwork by Tsjisse Talsma [1] [Dense Discovery] [2] [Dense Discovery] [2] HELLO DISCOVERERS! I was ready for bed when my partner put on _The AI Doc_ [3] on...
Pacing the frontier may be sincere, but it would also be strategically useful for the frontier labs to have time to reduce overhangs caused by model advancement. View in browser (...
View this post on the web at https://jamescrabtree.substack.com/p/the- perimeter-my-new-book-on-america I’m on my way to Washington and New York today, but i thought I’d finally send out a few details on the new book, including the cover, along with...
View this post on the web at https://theoilbandit.substack.com/p/when-models- fail This week the colorful note was a major bank admitting defeat and giving up on “modelling” the oil markets, I won’t mock them because I gave up years ago but it got me...
The best Stratechery content from the week of September 14, 2026, including the view from anywhere but San Francisco, the limited potential for a pacing deal, and the Salesforce zag. View in browser...
Money Stuff This week’s episode of the Money Stuff podcast is out now. I’m joined again by guest co-host Silvia Killingsworth, and we discuss late-summe Podcast This week’s episode of the Money Stuff podcast is out now. I’m joined again by guest...