I think I’m safe in saying that a UK publication would never, ever, ever pick a font that included this utterly bizarre italic J. Why on *earth* does it have a crossbar? Only USian Cursivites will ever understand
Felix Salmon
@felixsalmon.com
Host, Slate Money. Author of THE PHOENIX ECONOMY.
This Situational Awareness story reminds me that Peter Thiel’s hedge fund, Clarium, also failed. California is great at producing VCs, of course, and even PE (Silver Lake) or fixed income stars like Milken or Gross. But has it ever produced a top-ranked hedge fund?
Of course I knew that debt is part of the machinery by which economies run. But that trite statement does not to justice to the pervasive, architectural roles of debt in... *everything*, that @felixsalmon.com points to in this beautiful, mind-bending essay.
Debt Is More Beautiful Than You Think
From sovereign bonds to modern banking, debt is one of humanity’s most elegant and misunderstood creations.
bloomberg.com
A story I've been working on and thinking about for longer than I might like to admit -- my attempt to answer the question @matt-levine.bsky.social posed about "what are the aesthetics of debt". www.bloomberg.com/news/feature...
Debt Is More Beautiful Than You Think
From sovereign bonds to modern banking, debt is one of humanity’s most elegant and misunderstood creations.
bloomberg.com
I really want to listen to the audio version of today's @matt-levine.bsky.social column but only if it's recorded by a New Zealander who pronounces "egg" as "ig"
21/ Total Humiliation. Trump announces Starmers resignation BEFORE Starmer announces it himself.
No one: Absolutely no one: Park Avenue Armory: Let's expand Music For 18 Musicians from 55 minutes to 3.5 hours! www.armoryonpark.org/season-event...
Music for 18 Musicians: Oct 14–18, 2026 | Park Avenue Armory
Musical visionary Alan Pierson stages Steve Reich's masterpiece in a durational cycle performed by three generations of musicians Oct. 14–18, 2026.
armoryonpark.org
Wait he did have a good excuse after all for missing his son’s wedding?
I swear I have never in my life seen a stove knob that says “simmer” on it
Futurist Scott Smith explains why we’re in an age of “risk-maxxing.” slate.trib.al/XrVtsxD
Money Talks: Risky Business
Futurist Scott Smith explains the phenomenon he calls “risk-maxxing.”
slate.trib.al
Did Aldo Rossi do the Scholastic building in SoHo? I wasn’t sure about it when it was new but it’s aging really well
Pure software brain in the Whoop app: we failed to log your sleep correctly so please start holding real still at night so the computer thinks you’re sleeping
In Brian Armstrong's announcement of layoffs at Coinbase, he writes that: 1) "non-technical teams are now shipping production code" 2) managers will have "as many as 15+ direct reports" and must "get their hands dirty alongside their teams". Is there any chance this works? x.com/brian_armstr...
x.com
I’m not sure @hels.bsky.social appreciates how truly embarrassing this is. Obviously it’s both easier and more accurate to just weigh 20 pinches and divide by 20.
Steps needed to get an auction result from the Sothebys website: 1. Find the item page, and click on "log in to see results" 2. Go to login page, enter login name 3. Click "verify you are human" box, wait for verification 4. Enter password 5. Get told your password has expired, enter a new one
You have @felixsalmon.com's permission to stop worrying about private credit www.bloomberg.com/news/article...
Private Credit Is Not a Financial Crisis In The Making
Private credit and the AI boom carry risks, but neither has the leverage or fragility that typically trigger a systemic crisis.
bloomberg.com
The thing I hate most about the modern internet is emailed 1FA stedda passwords. Email has enormous latency! Let me just log in!
I wrote about the possibly revolutionary idea that folks might want to buy art without taking possession of it: www.bloomberg.com/news/article...
Who’d Buy a Painting They Can’t Possess?
The sale of two Chagall murals by the Metropolitan Opera forces into relief the very idea of collecting.
bloomberg.com
Did you get a Connections result a bit like this yesterday? Connections Puzzle #1027 🟨🟪🟩🟦 🟩🟩🟩🟩 🟨🟨🟨🟨 🟪🟪🟪🟪 🟦🟦🟦🟦 If so you fell into Wyna's "Toms" trap: Collins (blue), Cruise (purple), Jones (green), Petty (yellow). But my question is: Why in that case is the result shown in YPGB order?