Indonesia is bragging that it's broken the curse of 5% growth, writes @Moss_Eco. But markets are conveying a more sobering message (via @opinion) https://t.co/vHC7EsWM1C
I have built a spreadsheet. It has 847 rows. Each row is a community bank in the United States with a market cap below $200 million, a price-to-tangible-book ratio under 0.85, a non-performing loan ratio below 0.4%, and a CEO who has been in the role for at least twelve years. I update it every Sunday from 6 AM to 11 AM while my family attends church without me. I have visited the headquarters of nineteen of these banks in person. I have eaten a complimentary lobby cookie at each one. The cookies are how you can tell. A bank with a good cookie is a bank that respects its depositors. A bank with a stale cookie is a bank that will be acquired within 36 months at a 40% premium. I am never wrong about the cookies. The cookies have never lied to me. The cookies are the only thing left that tells the truth.
The best article on actual agent engineering I've read. Extremely well articulated and brilliant insights 🤌
Must must read if you are building any type of Agents