Sublime

Depuis des années, mon approche principale en matière d’investissement était l’activisme actionnarial. En Russie, cela revenait à défier la corruption des oligarques, une vingtaine d’hommes supposés avoir mis la main sur 39 % du pays après la chute du communisme et qui étaient devenus milliardaires en une nuit, ou tout comme.

“He has an amazing sense of risk,” says his former colleague at Smith Barney, Bob Lessin, currently vice chairman of investment bank Jeffries & Company. “He understands it intuitively better than anyone alive, so he doesn’t do stupid things. The industry has a recent history of dramatically mis-pricing risk relative to return. Jamie never fell

But Sam Bankman-Fried, of course, thought the Kelly criterion had you wagering far too little. He thought it was for wimps.

According to Ivar, by 1932 he had 225 subsidiaries. He had operations in every civilized country except Russia, and he manufactured three-quarters of the world’s matches. Ivar had secured match monopolies in twenty-four countries. During seven years, he had loaned almost 300 million dollars to European governments. Ivar’s loans had helped borrower

Some highlights have been hidden or truncated due to export limits.