In music, as you

In music, as you develop a theme or musical idea, there are many points at which directions must be decided, and at any time I was in the throes of debate with myself, harmonically or melodically, I would turn to Billy Strayhorn. We would talk, and then the whole world would come into focus. The … Read more

Some of the very

Some of the very best private equity people, in my experience, are people who start out as stock pickers – people who really understood value, how to take a company’s financials apart and couple that with good judgment about businesses, macro trends, and where things are going. David Bonderman

One of the bigger

One of the bigger mistakes of our time, I suppose, was preaching the demonization of all judgment without teaching how to judge righteously. We now live in an age where, apart from the inability to bear even good judgment when it so passes by, still everyone, inevitably, has a viral opinion (judgment) about everything and … Read more