Artisanal Permanent Capital
« It was the craft, the process that mattered, never mind the score. »
RIP Coach Carril. https://t.co/CrD7TVvmpZ
Pete Carril, the rumpled, cigar-smoking basketball coach who led Princeton University to 11 appearances in the NCAA Tournament, where his teams unnerved formidable opponents and rattled March Madness with old-school fundamentals, died Monday. He was 92. https://t.co/E3rNnGxmRJ - The Wall Street Journal
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Special Situations 🌐 Research Newsletter (Jay)
Druck sees e-commerce slowdown? How quaint.

Stanley Druckenmiller sold his entire $199MM position in Amazon in Q2. $AMZN
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Special Situations 🌐 Research Newsletter (Jay)
What has happened to $GS?
https://t.co/veREU1rXyv
Goldman Sachs CEO David Solomon DJing a wedding this past weekend 😂 https://t.co/qKzcEVATSX - litquidity
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Special Situations 🌐 Research Newsletter (Jay)
RT @JeromySonne: The year is 2034. I kiss my wife goodbye as I leave my WeHouse for the WeBus to WeWork while she takes my son to WeLearn. I hear the WeCalltoprayer and pull out my WeWellness Mat and kneel to give homage to Miyoshi Son and Adam Neumann. Life is good for me. Life is good for We.
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Special Situations 🌐 Research Newsletter (Jay)
JPMORGAN $JPM AND BOFA $BAC ARE AMONG THE BANKS RETURNING TO RUSSIAN BOND TRADING.
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Special Situations 🌐 Research Newsletter (Jay)
What's coming next??

🇨🇳 CHINA REQUIRES ADDITIONAL POLICY STIMULI TO BOOST ECONOMIC GROWTH - PBOC-BACKED FINANCIAL NEWS.
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Special Situations 🌐 Research Newsletter (Jay)
The auto landscape will continue to change like it always has... https://t.co/JfW1IiXrYf
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Special Situations 🌐 Research Newsletter (Jay)
Elliott Management sold its entire stake in Twitter $TWTR in 2Q22. Filings are delayed, so don't know recent moves. Firm had $387M of Twitter on March 31. @elonmusk offered to buy Twitter at $54.20 on April 14.
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Special Situations 🌐 Research Newsletter (Jay)
July data out of China may force addtl stimulus:

Economy battles 0 Covid, weakening demand, housing slump

Retail sales 2.7%; est. 4.9%
Industrial output 3.8%, est. 4.3%
Home sales -28.6%
Property investment -12.3%
Crude steel output -6.4%

Youth unemployment 19.9%
$fxi $kweb
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Special Situations 🌐 Research Newsletter (Jay)
SOUTH KOREA AND THE US ARE TO HOLD JOINT MILITARY EXERCISES FROM AUGUST 22ND TO SEPTEMBER 1ST.
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Special Situations 🌐 Research Newsletter (Jay)
Big consumer week for earnings, shared thoughts in note to subs...
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Special Situations 🌐 Research Newsletter (Jay)
RT @Vinny_Daniel0: Men used to go to war now they discount cashflows using a 10% WACC without ever delevering beta.
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Special Situations 🌐 Research Newsletter (Jay)
RT @TaliaGold: really wanna meet Adam Neumann and see if he can hypnotize me too or if I’m powerful enough to resist
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Special Situations 🌐 Research Newsletter (Jay)
So, Russia is allying with North Korea and the US is doing military drills with South Korea. Is this going to lead to some sort of proxy war? Hope not...
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Morning Brew ☕️
Poor guy probably could've put down a mortgage with the money he spent on that

https://t.co/98ZtUwwyJi
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Tren Griffin
What investor is this? https://t.co/rSecDYBPsW https://t.co/QjAYeNDnM0
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Special Situations 🌐 Research Newsletter (Jay)
Hope people know what $GEO actually does before chasing because of a Burry filing from 3 months ago. It is a highly leveraged private prison company.

"GEO Group, Inc. operates private correctional facilities located mostly in the United States, but also in Australia, Canada, NZ"
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