Scuttlebutt Investor

The rising cost of mortgage #credit pulls over the last few years has been CRAZY! 700% 🆙I'm glad @pulte is noticing. GSE's should allow competition from other models, & disruption from blockchain and tokenization. 86 the Fair Isaac monopoly. #BAC #FICO

Hermès has perfected the psychology of scarcity and demand. The CEO of the ~$250B French luxury giant says Hermès “creates desire” by selling “time”. This concept of “time” means heritage, craftsmanship and making customers wait. I wrote more here:readtrung.com/p/how-hermes-s…

😱 They stop publishing the Japan Company Handbook! @mochistocks @AltayCapital @willschoebs

We made something new… Introducing: Colossus Review Colossus Review is a print (and digital) publication that creates definitive accounts of investors, founders, companies, and the people and ideas that inspire them. The cover story in Issue 1 is on @GrahamDuncanNYC, but we also include a separate 4.5 hour conversation with Graham that is among the best I’ve ever done (via a private audio feed). In each issue, we will cover great people who have unique ideas and are doing something about them. Maniacs on a mission. People doggedly pursuing their life’s work. We aim to create the definitive profiles of people who haven’t yet been covered in depth, and to create unique accounts of those you already know well. We will cover businesses. We will profile investing firms. We will explore frontiers, answering questions like “Is Space Investable?” Most podcasts take hours to create. Features in Colossus Review will take months to years. Our plan is to release new issues quarterly. I hope, eventually, it’s monthly. I’m so proud of the team’s work on issue one, and issue two is going to be even better. Our goal is to experiment with new features and formats, constantly improving what we cover and how we do it. So, why do this at all? Howard Thurman said, “Don’t ask what the world needs. Ask what makes you come alive, and go do it. Because what the world needs is people who have come alive.” That’s who we are searching for. This work makes US come alive. We hope our work lights a fire in your belly to find and do your thing, and to never settle for a mundane life. We only printed 1,000 copies this time, and expect them to sell extremely quickly, so I’d urge you to grab one if you want one. We will make more next time. Colossus Review will be our most essential distillation. Thank you for joining us on the ride! joincolossus.com/review