IMF says that the Naira should be at 1142 to the dollar. Banks are reaching out daily to me asking to buy dollars. This is probably a good time to stock up on Naira.
Now we know why Peter Thiel packed his bags for Argentina.
Milei just submitted his AI legislative framework to Congress, where he proposes:
- zero regulation on AI development,
- a brand-new "non-human corporation" category for AI/robot-operated entities with limited liability
-a low-tax regime with flexible governance rules.
The Dutch East India Company gave the world the limited liability company in 1602. Milei wants Argentina to do the same for autonomous AI agents in 2026.
The latest episode of Drinks and Mics was really good. One of the better ones in recent history. I kept imagining @LRNZH in that convo. @Nairametrics@LRNZH, what can we do to make it happen, plz?
Every day, I feel grateful to be in this space. During dinner the other night, I struck up a convo with a chad researcher on the ITER nuclear fusion project. Brains dey.
The CEO of JPMorgan Chase spent six years putting his stamp on a shiny new headquarters, a skyscraper that he hopes will revive the glory of the office. https://t.co/6tAPm8AKnp
🚨🚨🚨Ter Stegen has decided to LEAVE the club.
His agent is in contact with multiple clubs. He will NOT return to training and will NOT be on the pre-season tour.
Decision made.
I like the CBN’s directive that banks with forbearances are suspended from paying dividends until they clear their ‘toxic’ assets.
Running a bad bank for a very long time is very easy...
Buffet is very bullish on Japan, a historically laggard market with troubling demographic issues (low birth rates, aging population, long life span). What are you seeing, my boy?