At some point in the next 24 months Slack, Uber, Lyft, Pinterest, Palantir, WeWork, AirBnB and Stripe should be public…liquidity is coming! (for the public markets…lot’s of supply).

According to Seth Klarman (passing notes to his Rich friends at Davos and The New York Times) a Sovereign Debt crisis is coming.

I am lucky because I focus on all the interesting trends that should happen as 10,000 plus, newly minted millionaires hit the streets looking to spend, invest, build products and start companies.

There is street level money and there is macro level money.

There is street level analysis and macro level macro analysis.

I like reading about both, but I deploy capital based on what is happening on the streets.

I’m glad I do not manage $27 billion.