Jeffrey O. Friedland

Thought leader in global geo-politics and US and cross-border strategies for medical, pharma, life sciences, technology industries.

[Jeffrey O. Friedland @jeff_friedland]

@Sadie_NC Absolutely!

[Jim Cramer @jimcramer]

Palantir making its run to y $200 price target. Won't have to wait too long!!!

[Jeffrey O. Friedland @jeff_friedland]

@jimcramer We know Trump doesn't read. With Trump's focus on "making a deal," he doesn't consider longer term implications of his actions.

Putin is playing chess. Trump is playing checkers.

I ordered the book from Amazon.

[Jim Cramer @jimcramer]

Can someone get this book to President Trump before the Summit? At least a summary as it is not a quick read

[Mark Hertling @MarkHertling]

I’m sorry, but “territorial concessions” by any democratic nation protecting their sovereignty and their citizens to any invading army seems kinda nuts, as well as contrary to what our US has always believed.

Why is this on the table at all?

[Bill Ackman @BillAckman]

Why is this not front page news?

[Mark Carney @MarkJCarney]

Throughout the current trade negotiations with the United States, the Canadian government has steadfastly defended our workers and businesses. We will continue to do so as we work towards the revised deadline of August 1.

Canada has made vital progress to stop the scourge of fentanyl in North America. We are committed to continuing to work with the United States to save lives and protect communities in both our countries.

We are building Canada strong. The federal government, provinces and territories are making significant progress in building one Canadian economy. We are poised to build a series of major new projects in the national interest. We are strengthening our trading partnerships throughout the world.

[Jeffrey O. Friedland @jeff_friedland]

@KumarRanjan00 @elonmusk @elonmusk can not be president of the US because he wasn't born in the US.

[Mrs. B Conservative @IBAConservative]

@CBCNews Anything you need to know you won’t get from CBC Liberal media.
Liberals can’t build or produce anything … the only thing they’ve ever done is tax and tax more … Canadians tapped out, shantytowns and breadlines …
Liberal looting.

[🌸🌺 🅴🅻🅻🅴🥃🦊 @WhiskyThaFox]

@CBCNews Carney and the entire Liberal regime are absolutely guilty of intentional destruction of Canada

[Maddy Botma ⚔️ 🇮🇱 @Hedzer15]

@CBCNews This tax is nonsensical. It taxes corporations on earnings, not revenue, and is retroactive 3 years.

[Marlo Franson @MarloFranson]

@CBCNews Carney wants 2 Billion up front for retro-pay. Of course the USA is pissed. These companies can't just come up with this cash for Canada. We are extorting the USA. This is the Liberals fault 100%. What we need to know is the Liberals want all Canadians poor and USA tech too.

[Ryan Gerritsen🇨🇦🇳🇱 @ryangerritsen]

@CBCNews Oh look, CBC coming to the Governments rescue to explain why a tax is good.
Our Government is extorting money out of companies, that’s what this is. All of this money they want from these companies, WE will end up paying for with increased prices to these services.

[Bill Ackman @BillAckman]

I awoke this morning gravely concerned about New York City. I thought “What has NYC become that an avowed socialist who has supported defunding the police, whose solution to lowering food prices is city-owned supermarkets, who doesn’t understand that freezing rents will only reduce the supply of housing, who has no experience managing an organization -- let alone a city with a $100+ billion budget and a $2 trillion economy -- and who believes chants for ‘Globalizing the Intifada’ are acceptable, wins the Democratic Primary.

After speaking to those who supported @ZohranKMamdani, I believe that he won the primary largely not due to his policies, but rather because he is a superb politician who ran a remarkable and inspiring campaign. He is intelligent and articulate. He is young and charming, and he successfully played down incriminating @X posts and statements from his past, pitching a joyful campaign of unity.

And he won because the competition was very weak. His best competitor sat back and did not run a real campaign, relying on name recognition, early favorable polling and keeping a low profile to make it through. Not a strategy that I have ever seen work, but so be it.

The Democratic primary voter is clearly tired of the Democratic politics of the past and its aging and over-the-hill leadership – Who isn’t? [As a case in point, how embarrassing is it to watch aging Dems fall in line with their tweets of support for Mamdani, as they desperately try to defend their seats from the far left?] And therefore, without any real competition, Zohran and his attractive personal qualities and campaign skills magically make him the candidate of the future.

The problem, however, is that his policies would be disastrous for NYC. Socialism has no place in the economic capital of our country. The ability for NYC to offer services for the poor and needy, let alone the average New Yorker, is entirely dependent on NYC being a business-friendly environment and a place where wealthy residents are willing to spend 183 days and assume the associated tax burden. Unfortunately, both have already started making arrangements for the exits.

Mamdani is right that much about NYC is broken. The City has gotten much less safe while the cost of living here has become increasingly unattainable for many. We pay more for less. Unfortunately, his headline campaign promises of frozen rents and cheaper food from city-owned markets, among others, are certain to fail.

A mayor who disrespects the NYPD and has called for their defunding will get less effective policing, and Bratton’s ‘broken window theory’ will operate in reverse. A mayor who condones hate speech will incentivize more hate speech and violence. Words matter, and yes, they can inspire people to kill as we have recently tragically seen in our country and around the world.

New York City under Mamdani is about to become much more dangerous and economically unviable. Unlike our Federal government, NYC cannot print money, and this Federal Government won’t bail NYC out if things go bad. In fact, Mamdani would be a windfall for the Republican Party as NY becomes another failed major city run by Democrats alongside Seattle, Chicago, LA, and SF et al as Senator Fetterman so eloquently stated today, "I'd describe it as Christmas in July for the GOP."

So why did I become optimistic later this morning? The answer is that NYC has woken up in the last 24 hours. The substantial majority of NYC residents understand that socialism is a failed system, that rent freezes will destroy our housing base and shrink the affordable housing supply while killing new construction, and that an anti-capitalist Mayor will destroy jobs and cause businesses and wealthy taxpayers that have enabled NYC to balance the budget to move elsewhere. If 100 or so of the highest taxpayers in my industry chose to spend 183 days elsewhere, it could reduce NY state and city tax revenues by ~$5-10 billion or more, and that’s just my industry. Think Ken Griffin leaving Chicago for Miami on steroids.

The good news is that there are other charismatic, intelligent, articulate, handsome, charming, young yet more experienced and, importantly, more centrist politicians who are New York residents eligible for office. There are also extremely talented members of the NY business community who could be superb mayors, Bloomberg being the reference standard from the past.

And the setup is extremely attractive for a run for mayor. There are only 132 days until the election, which means the commitment of time to run is de minimis. This will be the most closely watched mayoral election in NYC in decades, perhaps ever, which, particularly in the social media and podcast era creates the opportunity for a new candidate to garner immediate name recognition, enormous media interest, and the visibility needed to get elected.

Importantly, there are hundreds of million of dollars of capital available to back a competitor to Mamdani that can be put together overnight (believe me, I am in the text strings and the WhatsApp groups) so that a great alternative candidate won’t spend any time raising funds.

So, if the right candidate would raise his or her hand tomorrow, the funds will pour in. I am sure that Mike Bloomberg will share his how-to-win-the-mayoralty IP and deliver his entire election apparatus and system to the aspiring candidate so that the candidate can focus all of his or her energy on the campaign.

One unfortunate fact, as far as I understand, is that the candidate will have to be a write-in as I believe that none of the current candidates established a nominating committee if they were to withdraw, which means that no one can take their spot on the ballot. This is such an important election, however, that I believe the write-in requirement could actually turn into an important call to action that brings people in throngs to the polls. It therefore won’t be the game stopper it would normally be in a typical election.

As a result, the risk/reward of running for mayor over the next 132 days is extremely compelling as the cost in time and energy is small, and the upside is enormous. If the candidate does not win, there is no harm, no foul, because the perceived probability of beating the Democratic nominee in a NYC mayoral election is extremely small. Therefore, there is no reputational risk to losing this election, and the corresponding reputational benefits are extraordinary whether one wins or loses.

If the candidate wins, this is obviously a huge home run for the City and the candidate, but it is also an opportunity to save the Democratic Party from itself, grabbing the wheel just before the party goes even further off the cliff. The new mayor would be a national superhero for the City, for the Party, and for the country.

For the aspiring politician, there is no better way to get name recognition, build relationships with long-term donors, and to showcase oneself than to run for mayor over the next 132 days. This election is already global front page news. For the aspiring young candidate, the amount of publicity and the massive followers to be gained are of incalculable long-term value whether they win or lose, and whatever they choose to do in the future, business, politics or otherwise.

And there is a defensive reason for a politician to run. For the more centrist Democrat politician, a Mamdani win is very bad for your next election. As the Party veers further to the left, the Party’s backing for your future candidacy deteriorates substantially as Mamdani and AOC take control of the Party.

In my experience, opportunities with minimal downside that don’t require huge investments of time while offering massive upside get filled. If you were ever thinking about running for office, or running for a higher office than you currently hold, this is likely the best opportunity that you are going to have.

All of the above is not just theory, as I have a superb candidate who I believe can win who meets all of the criteria, but if I were to say his name or even reach out to him, it would have a negative effect on his candidacy, as I am a supporter of President Trump, and that alone taints anyone I would recommend for many and perhaps most NYC Democratic Party members. So rather than my making suggestions, I welcome yours.

Who is your best centrist candidate who could go toe-to-toe with Mamdani on the campaign trail and on the debate stage? Let’s crowdsource the names and then do a poll.

If someone is ready to raise their hand, I will take care of the fundraising.

This is a once-in-a-lifetime opportunity for the right candidate. More importantly, it is an opportunity to save our City and be a superhero. Life is short and you must dare to be great.

The time is now.

[Lawrence H. Summers @LHSummers]

I am profoundly alarmed about the future of the @DNC and the country by yesterday’s NYC anointment of a candidate who failed to disavow a "globalize the intifada" slogan and advocated Trotskyite economic policies.

I fear it is evidence that our party is following the most problematic aspects of Britain's Labor Party. It didn’t work there, and it won’t work here.

@Harvard and other universities' moral weakness after Oct 7 in condoning hateful, anti-Israeli, and even antisemitic, rhetoric and activity opened the Overton window in ways that contributed to yesterday’s outcome.

I hope candidate @ZohranKMamdani , who showed great ability to learn and adapt during his campaign, will continue to evolve in ways that provide much needed reassurance to people committed to a free from prejudice, market economy as an American ideal.

An important task for Mamdani now is to provide reassurance that his moral energy and formidable political skills can be productively directed for the City of New York at this difficult moment.

[Jeffrey O. Friedland @jeff_friedland]

@tedcruz If Trump takes out Fardo, the benefit to the world will be immense. Trump will be deserving of the Noble Peace Prize.

[Elon Musk @elonmusk]

This is debt slavery for the American people