"In the middle of the battle, as the sweat is dripping into your eyes and your lungs are burning, the brain whose primary role is self preservation will interfere and ask why am I doing this, why must I suffer? The champion will answer that question with the mental picture he has carefully crafted in his mind and continue to fight, since the masses lack this vision and clarity they quit as soon as the pain kicks in, the secret to world class motivation and work ethic is a world class vision"
By the late 19th century, the United States had become the world’s largest economy–and has maintained this status for over a century. But to sustain competitiveness into the next chapter will require 5️⃣ prerequisites.
MGI’s report lays out an agenda for leaders: https://t.co/UnmFWMvUsQ
By the late 19th century, the United States had become the world’s largest economy–and has maintained this status for over a century. But to sustain competitiveness into the next chapter will require 5️⃣ prerequisites.
MGI’s report lays out an agenda for leaders: https://t.co/UnmFWMvUsQ
Javier Milei: “No tengo nada en contra de los artistas. Yo mismo tuve una banda de rock. Mi problema es que si necesitas una subvención del gobierno para hacer arte, ya no eres un artista, eres un empleado público.”
Milei es un número uno.
https://t.co/SQeY55YZjZ
"The mediocre regret their words more than their silence; ner men regret their silence more than their words; the magnificent has nothing to regret." - Nassim Nicholas Taleb in The Bed of Procrustes
BofA's private credit slide: reveals $20BN in private credit exposure, 70-75% advance rates on Private Credit/BSL; Lending to BDCs < $2BN (54% not subject to redemption) with 1.5x min asset coverage rate, 4Yr avg until maturity
BREAKING: Wall Street is launching a new credit default swap index tied to the $3T private credit market giving investors the first structured tool to short or hedge against Apollo, Ares, Blackstone, and others