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Private Equity Groups Begin Placing AI Experts in Portfolio Companies
Private equity firms have reportedly begun placing artificial intelligence experts within their portfolio companies to grow those businesses. That’s according to a report Friday (Aug. 21) from The Wall Street Journal (WSJ), which cites the example of Wall Street firms like Blackstone and Hellman & Friedman’s $1.5 billion partnership with Anthropic to form an approximately…
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We are so back! Bitcoin’s 23% rally on US debt policy: Hodler’s Digest
The US may face a debt crisis within three years according to Ray Dalio, and debt-related issues helped fuel a rally in Bitcoin that could mark the beginning of a new cycle.
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How New Zealand’s biggest city solved its housing crisis
Rezoning has changed the face of Auckland though critics warn lessons hard to replicate
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Warsh seeks to soothe investors’ nerves as signs of economic strain mount
Economists criticise Fed chair’s communication strategy as policymakers prepare to gather at Jackson Hole symposium
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Sunday assorted links
1. “Underestimating something that has an AI “accent” by reflexively dismissing it as slop rhymes curiously with underestimating someone because they have a funny accent in your native language (and it isn’t one of the accents that you think signals superiority, like the BBC British accent for English).” V. Rao. 2. Profile of Joe Lonsdale. …
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XRP on track for biggest weekly gain in 21 months as Treasury buyback spurs ‘curve control’ hopes
XRP’s price has surged by 50% this week, the best performance since November 2024. Here’s what’s driving the rally.
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Fed study finds crypto investors driven by beliefs, easily swayed by returns
A Federal Reserve Bank of Cleveland study finds crypto investors hold sharply different views on returns and risk, while information about Bitcoin’s past gains can increase both desired allocations and actual crypto purchases.
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Democracy and Caeserism
In my 2015 post discussing Joseph Heath’s excellent book Enlightenment 2.0, I had this to say: One of the reasons that I oppose the extension of democratic politics into every aspect of modern life is precisely that in trying to do too much, democracy delivers incoherence, gridlock and frustration, forces that eventually undermine its own legitimacy. I…
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VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You?
Vanguard offers three dividend ETFs—VIG, VYM, and VYMI—with distinct yields, holdings, and geographic focus, giving income investors varied ways to access dividend-paying stocks.
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