Circle Three 82 / Saturday in the Park

Mar 6

A short one this week (and a day late!). I spent my weekend at Notre Dame suiting up with other water polo alumni for some friendly competition. It was great to see family and friends, and I didn’t realize how much I miss the game and the competition — even if I’m a little slower swimming up and down the pool.

Contents:

brain bites: Business & Investing
- Watching Paint Dry
- Portfolio construction & how to model your fund
brain bites: Technology
- The Rotation: Endgame
Lyric: Saturday in the Park by Chicago

brain bites: business & investing

Watching Paint Dry. If you read anything from this week’s Circle Three, choose this article by Ed Conway.

Look at the world from the vantage point of car paint and you begin to see various strands of the 20th century storyline unfurling: the early days of mass production and the modern factory, the ascent of mass consumption, the rise and fall of economic growth, all the way through to today’s “productivity puzzle” economists are trying to get their heads around.

Portfolio construction & how to model your fund. An excellent resource from Signature Block with a few key insights from GPs and fund basics. Portfolios require continuous optimization and assessments. There is an art to portfolio construction than must intertwine with the data-backed science. In this way, hard rules do not always benefit a portfolio.

brain bites: technology

The Rotation: Endgame. Article here. A simple description of what we’re seeing play out in crypto as Ethereum gains dominance over other blockchain ecosystems.

… when Web2 organizations now realize Ethereum is a stable infrastructure provider instead of just a cryptocurrency.

Lyric: Saturday in the Park by Chicago

I flew through Chicago this weekend. The band Chicago played at a Notre Dame halftime show a few years back and this upbeat tune is a great backing track while walking around campus on a sunny March day.

Saturday in the park
I think it was the Fourth of July
Saturday in the park
I think it was the Fourth of July
People dancing, people laughing
A man selling ice cream
Singing Italian songs

Stay Curious,

Dan