kam thindal

Managing Partner, CORE Capital Partners Inc.

[Marc Andreessen 🇺🇸 @pmarca]

If, when you say regulation, you mean the dead and clammy hand of the commissar—the gentleman who has never in his life built a single thing, drafting rules to govern a thing he cannot define, to be enforced by men who cannot read them; if you mean the form in triplicate, the impact assessment upon the impact assessment, the compliance officer who breeds, in the warm dark of the org chart, further compliance officers unto the third and fourth generation; if you mean the moat—the deep cold moat that the giant digs around his own castle and christens, with a perfectly straight face, public safety—the drawbridge he hauls up behind himself the very instant he is across, lest any hungrier and hungrier man should follow; if you mean the precautionary principle, which, had it governed our grandfathers, would have banned the wheel pending further study of the hill, and left us yet shivering and raw in the mouth of the cave, blessing its excellent ventilation; if you mean the European disease—that magnificent open-air museum of a continent, which produces in our time precisely two things in great abundance, and they are regulation, and the eloquent and well-footnoted regret of cultivated men explaining at length why they have produced nothing else; if you mean the license required to think, the permission slip for honest arithmetic, the king’s wax stamp pressed upon the forehead of every new idea before it may draw its first breath; if you mean the agency dispatched, with trumpets, to slay a single dragon, which arrives at the cave, surveys the accommodations, and moves in—and spends the ensuing century laying eggs and devouring the very villagers it was sworn to defend; if you mean the startup that perishes not of the market’s honest verdict but of the filing fee, the genius decamping by the next tide to a freer and warmer shore; if you mean the law that arrives, faithful as the swallows, exactly one whole epoch too late—helmeted, plumed, and magnificently armed—to regulate the stagecoach—then certainly, my friends, I am against it.

But—but, my friends—if, when you say regulation, you mean instead the humble steel guardrail upon the mountain road at midnight, the very thing you curse on the easy days and bless on your knees the one night the fog comes down; if you mean the brakes—for it is the brakes, and not the engine alone, that permit a sane man to drive fast and yet arrive alive—and the buttress, without which no cathedral was ever flung so high, but only in spite of which, but because of which; if you mean the meat inspector, who is the single homely reason a man may eat a sausage in this republic without first composing his last will and testament; if you mean the firebreak cut clean through the forest before the dry season of the burning, the smallpox cordon, the buoy that marks the channel, the rule of the road that lets ten thousand strangers hurtle past one another in the dark at fearful speed and arrive, by its quiet grace, every one of them home; if you mean the honest scale and the true weight, the reason a pound is a pound and a dollar a dollar from Natchez to Nome; if you mean the firm and decent wall between the counterfeit voice and the widow’s bank account, between the deepfaked candidate and the ballot box on the eve of the vote, between the loosed and loveless machine and the schoolyard it neither knows nor pities; if you mean the simple plank of law that says the strong shall not, in the gray dawn, feed the weak quietly into the furnace and sell the rising smoke as progress; if you mean, in the end, the one slender thread of trust without which no citizen will ever dare to use the marvelous thing at all—for where there is no rule there is no trust, and where there is no trust there is no commerce, and a miracle that no man dares to touch is no miracle, but only a handsome and expensive ghost—then certainly I am for it.

This is my stand. I will not retreat from it. I will not compromise one inch of it.

[tobi lutke @tobi]

“This level of economic ignorance from an elected official who legislates on the economy should make us howl in outrage.”

[Ian Cassel @iancassel]

So good by @GavinSBaker

In Michael Jordan’s second to last year with the Chicago Bulls, Jerry Krause, GM of the Bulls said, “Listen players don’t win championships, organizations do. It isn’t just Jordan or Pippen. It’s how we scout, draft, train, it’s our system." Well… after Michael Jordan left they never won another championship.

The thing allocators struggle with is it feels safe and good to say there is a process and its repeatable. Yes, it is important to have a process that is repeatable that works for you, but any process that is repeatable that generates significant alpha will be quickly arbed away in a competitive world.

So where does repeatable outperformance come from? I would submit that any investment organization no matter how big, there are somewhere between 2-10 people where if you took those people out, and that organization would have the exact same process, the results would be dramatically different.

https://t.co/YEfcvZQmKN

[Joven Narwal, KC @JovenNarwal]

Very proud to report the termination of the criminal prosecution of our client, Yazan Al Homsi! This result follows on the heels of our recent win for Shaun Pollard, whose insider trading prosecution was also terminated by Crown Counsel. https://t.co/PzmpA3V8hU

[Joven Narwal, KC @JovenNarwal]

Crown counsel terminated the prosecution of my client, Shaun Pollard after I exposed serious misconduct and systemic failures of the BC Securities Commission:

https://t.co/5OxP5asTBv

[kam thindal @kamthindal]

@ClassicValueInv Amazing call @makingmoneynow1

[David Sacks @DavidSacks]

Politics is "mainly a brainwashing competition" and to deprogram yourself, "the first step is recognizing you're in a hallucination created by media." @ScottAdamsSays insights and humor are brilliant, unique, irreplaceable. Praying for him.

[kam thindal @kamthindal]

@jeetsidhu_ This is a wildly irresponsible take. Your conflation here makes you sound unread.

[kam thindal @kamthindal]

This is the most novel idea from either side in over 10 years.

[Pierre Poilievre @PierrePoilievre]

Economic rocket fuel to relaunch 🇨🇦’s economy.

Zero capital gains tax if you reinvest the money in Canada.

Bringing home tens of billions of dollars of investment will build homes, factories, pipelines, technology and more—to break our dependence on the U.S.

Canada First — For a Change: https://t.co/US1RijukVK

[kam thindal @kamthindal]

@Ravarora1 A masterclass on rebranding as a centrist - and well ahead of 2028. Three years from now he’ll be seen as ahead of the times versus his primary challengers.

[Naval @naval]

Much of investing is avoiding FOMO buying and panic selling.

[Naval @naval]

Nobody who’s actually good at making money needs to sell you a course on it.

[Chamath Palihapitiya @chamath]

To be clear, what happened in Canada in the past decade WASN’T Liberalism.

It was censorship, intimidation, de-banking, de-platforming, moral virtue signaling and coverups combined with an immigration policy run amok.

[kam thindal @kamthindal]

Succinct.

https://t.co/HZPJuEafR8

[kam thindal @kamthindal]

Good read: https://t.co/wzVZl1Ym43

[Jon Erlichman @JonErlichman]

“You have to have such a strong belief in yourself that you can quiet out all of the outside noise.”

~ Jay-Z

[kam thindal @kamthindal]

@hardknocksedu Great video!

[kam thindal @kamthindal]

@hardknocksedu That was some great composure!