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← Financial history rhymes because every crisis has the same cause: too…
17 connected korrents · 18 moments from 28 Dec 2019 to 25 Sept 2026.
Everything filed under investing
investing
Everything filed under stock market
stock market
Everything filed under market efficiency
market efficiency
Everything filed under venture capital
venture capital
Everything filed under capitalism
capitalism
Everything filed under public debt
public debt Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Financial history rhymes because every crisis has the same cause: too much leverage, too much risk, and everybody believing it will stay good. Financial history rhymes because every crisis has the same cause: too much leverage, too much risk, and everybody believing it will stay good. Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — tap for who they are
Same subject: Good economic times tend to produce bad financial ideas, while bad times produce good ones. — tap to centre the map on it Good economic times tend to produce bad financial ideas, while bad times produce good ones. Last stated 3 months ago
14 Jul 2026
JZ
Jason Zweig — holds since 2026-07-14 — tap for who they are
Same subject: The finance industry is built on false mathematical precision and prone to systemic collapse. — tap to centre the map on it The finance industry is built on false mathematical precision and prone to systemic collapse. Last stated 4 months ago
5 Jul 2026
SW
swyx — holds since 2026-07-05 — tap for who they are
Same subject: Investors have collectively absorbed the idea of increasing returns and power laws, and that belief is what makes them take ever more risk. — tap to centre the map on it Investors have collectively absorbed the idea of increasing returns and power laws, and that belief is what makes them take ever more risk. Last stated 4 months ago
9 Jun 2026
BG
Bill Gurley — holds since 2026-06-09 — tap for who they are
Same subject: We live in an age of nearly infinite leverage, and all the great fortunes are created through leverage. — tap to centre the map on it We live in an age of nearly infinite leverage, and all the great fortunes are created through leverage. Last stated 7 years ago
28 Dec 2019
NR
Naval Ravikant — holds since 2019-12-28 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: The pull of fundamentals that used to reverse market momentum has weakened, so betting on mean reversion is more dangerous than it was. — tap to centre the map on it The pull of fundamentals that used to reverse market momentum has weakened, so betting on mean reversion is more dangerous than it was. Last stated 2 months ago
2 Sept 2026
AD
Aswath Damodaran — holds since 2026-09-02 — tap for who they are
Same subject: Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets. — tap to centre the map on it Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets. Last stated 2 months ago
28 Aug 2026
BC
Ben Carlson — holds since 2026-08-28 — tap for who they are
Same subject: Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. — tap to centre the map on it Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. Last stated a year ago
18 Aug 2025
BT
Bret Taylor — holds since 2025-08-18 — tap for who they are
Same subject: A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. — tap to centre the map on it A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. Last stated a year ago
21 May 2025
EZ
Ed Zitron — holds since 2025-05-21 — tap for who they are
Same subject: A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. — tap to centre the map on it A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. Last stated 8 months ago
3 Mar 2026
SB
Sanjay Bakshi — holds since 2026-03-03 — tap for who they are
Same subject: A society's prosperity comes from its productivity, not from the financial system or stock market. — tap to centre the map on it A society's prosperity comes from its productivity, not from the financial system or stock market. Last stated 4 weeks ago
25 Sept 2026
MM
Mr. Money Mustache — holds since 2026-09-25 — tap for who they are
Same subject: A first-time founder has an advantage over a repeat winner, because past success makes it too easy to raise money and hire against a big vision before there is product-market fit. — tap to centre the map on it A first-time founder has an advantage over a repeat winner, because past success makes it too easy to raise money and hire against a big vision before there is product-market fit. Last stated 4 months ago
14 Jun 2026
MP
Mark Pincus — holds since 2026-06-14 — tap for who they are
Same subject: A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. — tap to centre the map on it A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. Last stated 5 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: About 5% is the most common final ownership stake for the founder of a VC-funded startup that works out. — tap to centre the map on it About 5% is the most common final ownership stake for the founder of a VC-funded startup that works out. Last stated 3 months ago
18 Jul 2026
PL
Pieter Levels — holds since 2026-07-18 — tap for who they are
Same subject: A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. — tap to centre the map on it A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. Last stated 2 years ago
3 Mar 2025
TS
Tobias Sjösten — holds since 2025-03-03 — tap for who they are
Same subject: A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. — tap to centre the map on it A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. Last stated 4 weeks ago
22 Sept 2026
BR
Barry Ritholtz — holds since 2026-09-22 — tap for who they are
Same subject: AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees. — tap to centre the map on it AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees. Last stated 2 months ago
15 Aug 2026
HR
Harper Reed — holds since 2026-08-15 — tap for who they are
At the centre
Financial history rhymes because every crisis has the same cause: too much leverage, too much risk, and everybody believing it will stay good.
Holds Read this korrent →
Good economic times tend to produce bad financial ideas, while bad times produce good ones.
Holds
The finance industry is built on false mathematical precision and prone to systemic collapse.
Holds
Investors have collectively absorbed the idea of increasing returns and power laws, and that belief is what makes them take ever more risk.
Holds
We live in an age of nearly infinite leverage, and all the great fortunes are created through leverage.
Holds
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Holds
The pull of fundamentals that used to reverse market momentum has weakened, so betting on mean reversion is more dangerous than it was.
Holds
Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets.
Holds
Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created.
Holds
A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price.
Holds
A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack.
Holds
A society's prosperity comes from its productivity, not from the financial system or stock market.
Holds
A first-time founder has an advantage over a repeat winner, because past success makes it too easy to raise money and hire against a big vision before there is product-market fit.
Holds
A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for.
Holds
About 5% is the most common final ownership stake for the founder of a VC-funded startup that works out.
Holds
A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in.
Holds
A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology.
Holds
AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees.
Holds