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This blog post argues that tech monopolies are good, short lived, and ultimately “fund” the next disruptor. Within it is an interesting concept of Slack – “Some group of people must exist who are educated, aware, motivated, and at the bleeding edge of a field…who nonetheless have some spare hours in the workweek to spend innovating on something instead of slavishly executing a task.“ “It’s necessary to be slightly underemployed if you are to do something significant.“ This is called slack. A monopoly is a way to create this slack ..read more

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Fascinating paper on credit markets going dark i.e. the rise of private credit –  “We offer new data that illustrates the meteoric rise of the now $1.5 trillion private credit industry and explore the allure and implications of private credit ..read more

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Friend of Snippet has penned this excellent book (Amazon link here) on biotechnology – the next frontier challenge of humanity. This webpage gives a sneak peek of what is inside ..read more

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A useful guide from the BBC on tricks used to sound more convincing ..read more

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Snippet is taking a summer break and returning 23rd of August 2024. If you miss snippets you can always browse historic ones by Tag. If you are bored you can always play some Bull Bear ..read more