Jake Hartmann

Unapologetic capitalist, free marketeer, conservative libertarian. Fixed Income Capital Markets. UChicago Econ, Booth MBA, @StiglerCenter alum. Adopted Aussie

[Jake Hartmann @AtlasHart]

Luigi Zingales pointed out an important difference: to be pro-capitalism is not the same as to be pro-business. My case study on crony capitalism: https://t.co/EhdAjWsnYa

[Jake Hartmann @AtlasHart]

My dad told me about a school that tore down its football stadium to build a library. It was the only school I applied to. @UChicago was and continues to be a gift. And as a midwestern Catholic I was a Notre Dame fan from birth anyway.

[David Burge @iowahawkblog]

The University of Chicago was a member of the Big Ten, with multiple national championships and a Heisman trophy winner. In 1940 it dropped all varsity sports. It now plays NCAA Division III.

Impact on the university? Widely considered one of the very best colleges in the world with 101 Nobel Prize winners and an $11 billion endowment.

There is life after big time football.

[Jake Hartmann @AtlasHart]

This is a great initiative. Or, you could go to @uchicago where I read all of this and more…

[Athenaeum Book Club @athenaeumbc]

Elite university students are now incapable of reading a book.

Instead of fixing this, universities are simply reducing reading requirements to shorter and shorter excerpts.

This is no mere literacy crisis. It is a civilizational one.

To fight back, we started an online book club to study the great texts of Western Civilization — if the schools and universities won't teach the great books, we must form reading groups to study them ourselves.

Every month, we read a new great work. We've covered texts like Augustine's Confessions, Dante's Inferno, The Count of Monte Cristo, Don Quixote.

We're now reading Aristotle's Nicomachean Ethics.

We must study the ideas upon which the West was built if we are to preserve it. It takes effort to read these texts, and even more to read them well. Thats what we're doing, slowly, in dialogue with each other.

If you'd like to be part of this, please join our reading group and consider a paid subscription. It makes a HUGE difference to the time and resources we can dedicate to this project. We are entirely funded by our members.

You'll get:

- Live book club discussions (biweekly)
- Access to our incredible community chat
- Essays to guide you through the Great Books
- All past recordings, essays, and podcasts
- Ability to vote on what we read next

https://t.co/efQaicNvay

Welcome!

[Enguerrand VII de Coucy @ingelramdecoucy]

It was the private sector who got a man to the moon, coordinated and under government contracts similar to those SpaceX currently receives. The Apollo command module was made by North American Aviation, the rockets were built by Boeing, NAA again, Douglas Aircraft, and Rocketdyne

[Jarrett Payton @paytonsun]

@NFL_DovKleiman My pops. 🐐

@walterpayton #Bears

[Dave @davebftv]

The US has guys like this now. Folarin Balogun holy hell

[Mary Katharine Ham @mkhammer]

Rodney is a great, great American who has created one of the best, simplest, most beautiful multiplying acts of charity in the country. Been following him for years. Let’s get some Raising Men & Women Lawn Care kids on the WH lawn!

[Rodney Smith Jr @iamrodneysmith]

Dear @WhiteHouse, my name is Rodney Smith Jr., founder of Raising Men & Women Lawn Care Service in Huntsville, Alabama. Through our 50 Yard Challenge, over 6,000 kids across the country have signed up to mow free lawns for the elderly, disabled, veterans, active-duty military, first responders, and single parents. With America celebrating its 250th birthday this year and me also being born on July 4th, I wanted to humbly ask if a few kids from our program and myself could travel to Washington, D.C. to help mow the White House lawn for this historic celebration.

More than anything, I want these kids to see how a simple act of service something as ordinary as mowing a lawn for someone in need can lead to extraordinary places. What better lesson in community service than showing them that helping others can take them all the way to our nation’s capital? I’d also love to bring my American flag-themed mower in hopes that the President might sign it, so I can later auction it off and donate 100% of the proceeds to a nonprofit supporting veterans. It would be a once-in-a-lifetime opportunity to highlight the importance of service, patriotism, and the impact young people can have when they choose to make a difference. 🇺🇸

[Guy Benson @guypbenson]

This is Todd “Let’s Roll” Beamer, who died heroically while trying to retake United Flight 93 from Al Qaeda terrorists on 9/11. His final resting place, is in Cranbury, NJ — where he was living with his wife and children before his murder. Cranbury is located in NJ-12, where the new Democratic nominee for Congress is Adam Hamawy.

Hamawy was a close associate and translator to Omar Abdel-Rahman, aka the ‘Blind Sheikh,’ an arch terrorist convicted of masterminding multiple plots against targets in NYC — including the World Trade Center. Hamawy testified at Adbel-Rahman’s trial, as a defense witness.

It has also been reported that Hamawy traveled to Bosnia to volunteer at an organization that was later unmasked as an Al Qaeda front group.

One of Hamawy’s loudest and most high-profile supporters and endorsers has openly declared that America deserved the 9/11 attacks.

Hamawy is now the prohibitive frontrunner to represent Todd Beamer’s district in the United States Congress.

[Jake Hartmann @AtlasHart]

@Hebro_Steele I almost put down “The Parasitic Mind” and I never put down anything. It added no value—it was just a collection of rage-bait that I’d seen over the last several years on X. One chapter on confirmational thinking was worth reading but the rest was a waste of time.

[Patrick Collison @patrickc]

Every time I fly to New York, I'm struck by how many trees there are in the densely-populated areas around the city. (Coming from the West Coast, one arrives over the Garden State, and the suitability of the sobriquet is quite apparent from the air.) It feels like this degree of tree cover in highly populated areas is atypical (the environs of places like Paris, London, Los Angeles, Melbourne, Tokyo, etc., look very different), so I asked the LLM to investigate.

It found GHSL 2020 population and ESA WorldCover 2021 10m land-cover data, and concluded that New York is in fact quite unusual.

As far as I can tell, it's because of some combination of:

* A very favorable climate. (Trees grow quickly without irrigation.)
* Marginal farmland. (Readily outcompeted by the Midwest in the 19th century.)
* Together yielding reforestation before the advent of suburbs.
* And a preference for development patterns that include trees. (Japan's climate is very hospitable, but one sees far fewer trees in the populated areas around the major cities -- forest and habitation are more disjoint.)

[Jake Hartmann @AtlasHart]

I’ve worked in investment banking for over 20 years and I’m always shocked how little people know about basic finance theory.

[Clifford Asness @CliffordAsness]

Grok and @HML_Compounder are right, @NickNemo17 is wrong. It is total idiocy that the dividends on shorts are reported as an “expense.” When the dividend is paid yes the short has to pay it to the lender, but the stock you are short drops by the (very close to exactly) same amount. There is no economic “expense.” Zero. Modigliani and Miller are rolling in their graves that people are still arguing about this.

[Jake Hartmann @AtlasHart]

@Kepler_PhD @uaustinorg @UChicago I am embarrassed to say I haven’t read it, and surprised it was never on my radar. Consider it added, and thank you.

[Jake Hartmann @AtlasHart]

Fantastic book and well worth the read. I suspect much of the response is emblematic of the exact problem it diagnoses…

[Greg Lukianoff @glukianoff]

A lot of people have strong opinions about The Coddling of the American Mind.

Small problem: some are about a book they haven’t read.

Coddling says students are capable and resilient, but too often taught to mistake discomfort for danger.

[Jake Hartmann @AtlasHart]

@McCormickProf @guypbenson Honest question: why wouldn’t I just send my sons to my Alma mater @UChicago or to @uaustinorg ?? I respect your opinion more than most. Pitch me on @Yale

[Bob Woodson @BobWoodson]

"The thinking of civil-rights hero Robert L. Woodson Sr., who died on May 19 at 89, ran counter to the dominant orthodoxy of the day. Decades of evidence have vindicated him."
READ: https://t.co/tNmsrFgx79 via @WSJopinion

[Eli Steele @Hebro_Steele]

Oh, this is devastating. What a man. What a doer. Nobody cared more than @bobwoodson. He brought such light and clarity to this world and may his light continue to shine. Rest in peace, Mr. Woodson.

[Jake Hartmann @AtlasHart]

Respectfully, Governor, it may be a Gen X/Gen Y thing, but no way The Hulk isn’t number one.

[Ron DeSantis @RonDeSantis]

Among other quibbles with this list, Andre the Giant should be higher.

[Jake Hartmann @AtlasHart]

@CliffordAsness On brand.

I guess I kind of forgot about that because of how early it was. But the sign he left is solid gold. I think I like it better than Francisco’s on the calendar.

[Jake Hartmann @AtlasHart]

The only thing more amazing than the fact that Rand predicted 70 years ago much of what we’ve seen in the last two decades is that nobody picked up on it; well, those of us who understood unfortunately mostly nodded, smiled and went back to holding up the bloody world.

[Clifford Asness @CliffordAsness]

In Atlas Shrugged they passed laws to stop businessmen from quitting. Just saying.