Last week we hosted 15 Alts community members in Nashville on a music-themed investing journey of a lifetime. 🎉
These trips are unreal. Where to next? France? Scotland? Vietnam?
https://t.co/u8G2XP0auD
Is the whiskey market up or down?
This data-driven 'State of the Whiskey Market in 2025' written by BAXUS' VP of Institutional Partnerships, Morgan (@Whisky_Vandelay)in collaboration with @AltAssetsInc answers that question.
Give it a read (link below)🥃
@MillyTamati@bonjourdomain@stefanvonimhof@Travis_Jamison It’s not our portfolio, we present viable opportunities to our community, and each member chooses to invest (or not).
Mostly it comes down to:
1. Is it a scam
2. Are the returns high enough
3. Do we have an edge
4. Liquidity
@MillyTamati@bonjourdomain@stefanvonimhof@Travis_Jamison Gone very well so far. Our blanco just won double gold, and several distributions deals have been set up.
Next were considering:
Distressed whisky distillery
Equestrian facility in Ireland
OK yesterday @itiswyatt showed me this interview of two people talking about Altea, our private community.
Here's the thing: This entire interview is A.I.
Mind blown 🤯
https://t.co/zLQqxQ2pc0
Today we've got a deep dive on a company called @Geoship, an innovative startup attempting to solve the housing crisis with their futuristic, bioceramic, geodesic homes https://t.co/kjl0K7XUxf @AltAssetsInc
Solid night at @ChristiesInc Modern British and Irish Art Evening Sale.
Most pieces beat the estimates, including @AltAssetsInc favourite Frank Auerbach and his landscape, "Looking Toward Eversholt Street III" below.
A few favourites 🧵
In this episode of Upstream, @eriktorenberg interviews Patrick McKenzie (@patio11) about the intricacies of the financial system, focusing on banking, money laundering, and regulatory compliance. They discuss several of Patrick’s essays from Bits About Money.
Patrick discusses the three stages of money laundering - placement, layering, and integration - and how the financial system has been deputized to act as law enforcement. The conversation touches on the unintended consequences of strict regulations, including their impact on economic growth and financial inclusion.
--
TIMESTAMPS:
(00:00) Intro
(01:02) Discussing 'Seeing Like a State' and big tech
(03:10) Big tech's competence and failures
(07:20) AI and centralized systems
(09:23) Crypto vs. AI: political implications
(10:58) Sponsors: Dealcraft | Fundrise
(13:03) Banking systems and customer service
(14:28) Structural issues in banking
(22:41) Future of banking and customer service
(25:14) Regulatory risks and compliance in banking
(28:21) The harsh realities of financial decisions
(29:05) Geopolitical conflicts and financial institutions
(29:53) The role of banks in delivering bad news
(31:32) Sponsors: Alts | Squad
(33:41) Understanding KYC and AML regulations
(37:35) Complexities of money laundering
(44:42) The burden of compliance on financial institutions
(51:14) Balancing financial services and crime interdiction
(53:52) Wrap
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It's here on X in full, and on YouTube, Spotify, and Apple. Links in comment.
@LapGong We have multiple funds that we are actively raising for, including the Launch Bridge Film Fund - a Hollywood film financing bridge loan fund.
See all active funds here: https://t.co/rT79JbtIFq
Beautiful Diego Maradona shirt on @JuliensAuctions. Vastly underrated relative to Pele IMO.
Authenticated by MEARS but I don’t see it attributed to a game.
Shame about the 30% BP.