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Louis Bacon’s Life Work Is Complete (Deal Breaker) Disputes between neighbors have a tendency to take on a life of their own, to grow out of all proportion to the disagreement at their heart. This is especially true of very rich neighbors, where even relatively piddling matters seem to proceed...

Cyber attack The major cyber attack on U.S. government agencies and companies is still ongoing days after its discovery, according to the FBI and other security agencies. "This is a developing situation, and while we continue to work to understand the full extent of this campaign, we know this...

"Whatever you are going to do professionally, be excellent at it -- people can pay for excellent." - Dan Och Co-Founder Och - Ziff [Est. 1994] Former Head, Goldman Sachs Risk Arbitrage Department

https://www.institutionalinvestor.com/article/b1ppnktkqh513s/Peter-Nygard-Longtime-Nemesis-of-Louis-Bacon-Has-Been-Charged-With-Sex-Trafficking?utm_medium=email&utm_campaign=The%20Essential%20II%2012162020&utm_content=The%20Essential%20II%2012162020%20Version%20B%20CID_c8c7752eb36e781fe6fa146c1dc...

Scott generosity MacKenzie Scott has given away $4 billion of her $60-billion-ish fortune in just four months. Scott—Jeff Bezos' ex-wife—has seen her stash surge along with Amazon's share price this year, and she's asked her team to come up with ways to give more away more quickly. Her focus...

Gmail outage Gmail suffered its second outage in as many days yesterday, this time conking out for over two hours rather than one. The initial outage was apparently down to an authentication error, affecting all of Google's services that require users to log in with a Google account. Fortune

Hedge Funds That Don’t Actually Hedge Are Killing It This Year (Institutional Investor) Light Street, Tiger Global are among many hedge fund firms whose long-only funds are outperforming. In a very volatile year marred by a bear market, several of the best performing funds managed by hedge fund...

Gammon Capital Up 449% Is Betting on New Wave of Market Turmoil (Bloomberg) A New York hedge fund that’s gained 449% in this year’s pandemic roller-coaster is betting on a new wave of volatility in the event Congress fails to extend a key bank provision in any new stimulus bill. As time runs...

“Tones sound, and roar and storm about me until I have set them down in notes.” - Ludwig van Beethoven

"A bull market is like sex. It feels best just before it ends." - Warren Buffett

https://nypost.com/2020/12/14/dominos-giving-hourly-workers-1200-holiday-bonus/

Billionaire Hedge Fund Manager Marc Lasry Says Biden should Raise Taxes to Pay Down the Deficit ‘a Little Bit’ (Business Insider) Marc Lasry told CNBC on Monday that President-elect Joe Biden should raise taxes to pay down the deficit when he takes office. “I think you have to raise taxes...

Ellison out Oracle co-founder Larry Ellison has become the latest Silicon Valley mogul to leave California. He's moved his primary residence to Hawaii, he announced Monday following Oracle's announcement that it too is leaving Redwood City, for Austin, Texas. Fortune

"Philip of Macedon sent a message to the Spartan army in 345BCE: "You are advised to submit without further delay, for if I bring my army into your land, I will destroy your farms, slay your people, and raze your city." The Spartans sent back a reply: "If"."

"Some men enjoy cheating, but the cake they buy with such ill-gotten gain will turn to gravel in their mouths." - Proverbs 20:17

“The main thing is to be moved, to love, to hope, to tremble, to live.” - Auguste Rodin

“For the gods perceive things in the future, ordinary people things in the present, but wise perceive things about to happen.” - Philostratus

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“Failure is the key to success; each mistake teaches us something.” - Morihei Ueshiba

The power of distribution:YouTube megastar David Dobrik sold 17k+puzzles ($30 a pop) in a few hours. How? The first person to put the puzzle together and take a photo wins $100k. Dobrik, meanwhile, nets millions.