SBF Blames Everyone But Himself

-

Sam Bankman Fried recently released a substack post were he deflects blame for the FTX collapse. 

SBF's substack post can be read HERE.

Popular posts from this blog

The Trade War Heats Up: Tariffs, Oil Plunges, and Global Reactions

-
Image
The trade war didn’t take the weekend off—and neither did the ripple effects shaking the global economy. If you found yourself tossing around the word “tariff” more than usual during your weekend chats with friends and family, you’re not alone. President Trump’s escalating trade policies have everyone on edge, from Wall Street to foreign capitals. Here’s a deep dive into the latest developments as of April 7, 2025, that are keeping the world buzzing—and markets trembling. First up, the big news: as of just after midnight on Saturday, a baseline 10% tariff slammed into effect on virtually all goods imported into the United States. It’s a sweeping move that’s already sending shockwaves through supply chains. But that’s just the appetizer. Come Wednesday, April 9, much steeper “reciprocal” tariffs are set to kick in, targeting specific exporting giants. Take Vietnam, a manufacturing powerhouse—starting midweek, it’ll face a whopping 46% tariff on its goods heading to the U.S. This stagger...
Read more

Ideology, Markets, and the Temptation of Tariffs

-
Image
If dealmaking means wielding the threat of catastrophe to secure incremental gains, then Donald Trump has long mastered the art. His approach to global trade has been one of brinkmanship—leveraging the threat of tariffs to force concessions. His February 3rd move to grant Canada and Mexico a 30-day reprieve from a punishing 25% tariff on automobiles was a textbook example of this strategy. In exchange, he secured a modest but tangible boost in border security cooperation, including 10,000 additional Mexican troops and a reiteration of prior commitments. Was this "dumbest trade war in history" also the shortest? Investors seem to think so. When Trump initially threatened tariffs, the S&P 500 dropped 3%, only to recover more than half its losses after his deal with Mexico. But this optimism may be misplaced. The assumption that Trump’s trade aggression is merely a negotiating tactic underestimates its potential for long-term disruption. The reality is that his trade war may...
Read more

5 Counter-Intuitive Rules for Building Dashboards That Actually Drive Value

-
Image
Introduction: The "White Elephant" in the Room For any manager tasked with monthly reporting, the process is painfully familiar: hours spent pulling data from disparate sources, struggling to create a connected view, only to produce a static report that's outdated the moment it's finished. In response, organizations have built countless dashboards promising a real-time, data-driven view into every corner of the business. Yet, many of these meticulously crafted tools end up as digital "white elephants"—expensive assets that consume time and money but sit unused, providing little to no real value. The core problem isn't the technology, the choice of chart, or the color scheme. The difference between a high-value dashboard and a digital paperweight lies in the strategic framework behind it. A dashboard's success begins long before the first line of code is written and continues long after it has been launched. There are five counter-intuitive but critic...
Read more