Instinct is currently raising @ $30b. $100M → $500M → $2.5B → $10B → ~$30B in sub 1y. If you're still not inside the private market this should be a good signal to pivot aggressively. Wealth creation is going to be heavily skewed toward private investors over the coming decade.

The summer she died, Princess Diana told a friend there was exactly one person in her life who would never sell her out. Twenty-nine years and a lot of money later, he still hasn't. Pretty much everyone else around her cashed in. Her butler sold his story to a tabloid for a reported £300,000, and the army officer she'd loved tried to sell her love letters for £10 million. That was James Hewitt. Back in 2003 he had 64 letters from her, a lot of them written while he was off at the Gulf War, and Diana had reportedly once asked him to burn them. He'd already helped with Princess in Love in 1994, a whole book about their affair that came out while she was alive to read it. Nobody ever paid the £10 million. By that September the best offer was £600,000, and in 2024 the letters were reportedly being shopped to a US auction house for up to $1 million after he'd put them up as collateral on a loan. The one she trusted was Hasnat Khan, a heart surgeon. They met on August 27, 1995. He can still tell you it was a bank holiday Monday and she'd come in to visit one of his patients. Her biographer Christopher Andersen says she'd throw on a dark wig and sunglasses to sneak into the hospital and watch him operate. She flew to Lahore to meet his family. She even had her butler ask a priest whether the two of them could get married, and Khan confirmed that himself years later. He could also see what marrying her would cost him. Strangers mailed him cut-out photos of himself with a noose drawn around his neck. He believes his voicemails were being hacked as early as 1996. In his statement to the inquest, he said life with her would have been hell for him because of who she was. They split up in the summer of 1997. A few weeks later she died in Paris, and he went to the funeral. Then the Diana business really took off. Paul Burrell's memoir sold over two million copies, and William and Harry called it "a cold and overt betrayal." An independent inquiry found in 2021 that Martin Bashir got his famous Panorama interview by showing her brother faked bank statements. Khan wouldn't talk to the author who wrote a whole book about the two of them, and he says he never read it. When the producers of the 2013 Naomi Watts movie made it sound like he'd given them his blessing, he called that a complete lie. The handful of times he's spoken up, it was to defend her. He said Bashir took the exact thing the public loved about her, how vulnerable she was, and used it against her. What she told her friend that summer was simple. "Everybody sells me out. Hasnat is the one person who will never sell me out." He's been offered plenty since, and he's turned every bit of it down.

When you lose your appetite for food you lose your appetite for life. People on GLP-1 have this absence of gusto in them that makes them poor companions. They are almost as unpleasant to be with as longevity-health optimizers.

Estimates of Pakistan’s cryptocurrency community range from 10 million to as many as 44 million people. The figures may be debatable, but the message is unmistakable. Contrast this with the Pakistan Stock Exchange, which, after nearly eight decades, still has a remarkably small investor base (656,000). Why are millions of Pakistanis willing to put their money into a highly volatile and speculative asset like cryptocurrency, yet so few participate in the country’s listed equity market? The answer cannot simply be a lack of savings or investment appetite. Pakistanis are clearly willing to take risks. The uncomfortable truth is that we have failed to build public trust in our listed companies, our regulatory framework and the capital market itself. Above all, we have failed to establish equities as a credible, accessible and attractive asset class for ordinary Pakistanis. This is not merely a failure of investor education. It is a failure of market development. Our regulators, stock exchange, listed companies, brokers and other stakeholders need to wake up. The opportunity is enormous, but we cannot expect investors to come to a market that has done too little to earn their confidence.

I have a deal with my daughter that she gets €10 for every book she reads (she's 9) She thinks this is the best deal she has ever heard Make that deal folks

“He’s not broke, he’s just invested in critical minerals.”