Sebastian

Live look at tanker traffic in the Strait of Hormuz via Bloomberg MAP ~20% of the world's oil passes through this chokepoint every day. Iran's coastline runs along the entire northern edge. With US and Israeli strikes underway and Iran retaliating across the Gulf — this is the map to watch. Also check out WSL SHIPPING on the Bloomberg Terminal for near real-time shipping indexes.

Incorrect, @Grok mon ami. IQ doesn't measure "intelligence" because the test is made by idiots who don't know how intelligence works, & limit it to a narrow class of mental operations, not because of "other factors". It works for low levels because ANY test would work there.

A fragile empire mismanages risk, wages costless wars, and watches trust flee to gold—the world quietly hedging against its hubris. youtu.be/cyds4kP_n80?si… @nntaleb #antifragile #investing

Sup, Feb? Is it just me or did January feel longer than a month?

Simon Posford performing last night back where it all started. #Goa #Vagator #Shpongle

Now up 100% Silver up 350% Trump is not stopping, getting no signal.

So precious metals (particularly silver) have had an excellent year, so far, in less than 2 weeks. Thanks to Calligulino, expect a bit more as both friends & not-so-friends lost the appetite to store reserves in the $/Euro zones & no currency appears to be a solid substitute.

I missed Romaine’s mumbled burns at the close. Is there a transcript somewhere I can access? @carolmassar @timsteno @BloombergRadio @RomaineBostick

10 days since Burry went bearish on AI... NVDA: -10.4% PLTR: -17.12% No matter where this ends… it’s been fun to watch.

From turkey to protein bars, Americans are consuming more protein than ever. And the demand is only expected to grow as the Trump administration reaches a deal with drugmakers to make GLP-1s cheaper and more accessible. More about our changing diets on Wall Street Week bloom.bg/3EMZYZX

To understand the Mediterranean you need to understand olive oil as liquid gold. It is the most possibly concentrated energy, storable and transportable. The container below holds ~1 million calories.

Jeff Bezos explains the “releasing the work” framework he used to build Amazon In the early days of Amazon, Jeff Bezos had too many ideas. Then Jeff Wilke, a new Amazon executive at the time, told his boss, “Jeff, you have enough ideas to destroy Amazon.” “This was just a shocking idea for me,” Bezos recalls. “As a founder, I had the great luxury of always being able to hire my tutors. I would hire these experienced, senior executives . . . And I would listen to them and they would teach me.” When Bezos asked Wilke what he meant by this, Wilke responded, “You have to release the work at the right rate so that the organization can accept it.” Bezos reflects on this point: “Every time I released an idea, I was creating a backlog of work in process. And because it was just stacking up, it was adding no value. In fact, it was creating distraction . . . This sounds so obvious, but it was not obvious to me at the time. And this was a profound insight for me. So I started prioritizing the ideas better, keeping lists of them, and keeping ideas to myself until the organization was ready for the ideas.” He continues: “I also started figuring out how to build an organization that can be ready for more ideas. That’s about having the right senior team and leadership and giving those people the executive bandwidth so they could do more ideas per unit of time. And that is what we built. We built a company that’s very good at inventing and doing more than one thing at a time. And as the company gets bigger, you do want to be able to do more than one thing at a time. But that idea of ‘releasing the work’ was very profound for me. It made us operationally more effective while still being inventive.” Video source: @Reuters (2025)

Steve Jobs predicted ChatGPT in 1985.

All rumors are fake news until officially denied.

DIFFUSE CONTROL, now part of the @Kanbas_ collection. there will be much more later this year, but for now here's a start. ✨

Thiruvannamalai for a day. #arunachala #India #Shiva #thiruvannamalai

Philly’s nuclear green post-Super Bowl glow. #philly #Philadelphia #SuperBowl #PhiladelphiaEagles

Yes, Trump is reckless, impetuous, & getting worse; more unstable (he will eventually calm down on Gaza as he did w/Canada = 51st state); but remember that, in late 2023, the Biden Administration got Blinken to shuttle across Arab capitals begging them to "resettle" Gazans.

See you at the Maha Kumbh; but first: some morning chai in Mumbai. #kumbhmela #Mahakumbh #Prayagraj #chai #mumbai