Hedge Fund Titan David Tepper Is Planning to Return Investors’ Money

He earned bil­lions dur­ing the depths of the fi­nan­cial cri­sis by buy­ing shares in beaten-down banks while oth­ers headed for the ex­its. He has notched an­nu­al­ized re­turns of more than 25% on av­er­age since Ap­paloosa’s start, said a per­son fa­mil­iar with the firm. He has used his wealth to push for the pas­sage of gay mar­riage in New York, buy into pro­fes­sional sports teams and sup­port ed­u­ca­tion and food banks around the coun­try.

from wsj

cody romness

When we set things up and approach things in the right way, that defines our experience.

cody romness

Instead, paper restricts us to single-tasking, which has numerous advantages of its own. Single-tasking allows us to more easily achieve the flow state. In the flow state, also known as “being in the zone,” we burn less brain fuel (oxygenated glucose). It turns out, the vast majority of us are actually incapable of multitasking. What we refer to as “multitasking” is actually our brain jumping rapidly back and forth between tasks, which burns this same oxygenated glucose at monstrous rates, leading us into energy nosedives mid-afternoon. Multitasking has also been shown to induce the production of cortisol (a stress hormone) and adrenaline (which triggers our fight or flight response). It’s even been shown to lower our IQ!


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cody romness

The cold cold and unromantic fact is that a good product with great distribution will almost always beat a great product with poor distribution.

cody romness

Companies that blitzscale have to rapidly navigate a set of key transitions as their organizations grow, and have to embrace counterintuitive rules like hiring “good enough” people, launching flawed and imperfect products, letting fired burn, and ignoring angry customers.

cody romness

The chessboard keeps adding new pieces and new dimensions over time

Dropbox founder on stages of growth in a business

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You’ve spent hundreds of hours in the gym sculpting yourself to demi-god perfection, but knowing the best way to stylishly accommodate a well-built body isn’t always straightforward. When you’re pumped-up, it’s hard to find items of clothing that’ll fit well; while most trousers may fit you around the waist, they are typically too tight around the glutes and thighs, or you may find that a jacket fits you on the chest, but its snug around the biceps. Sizing issues aside, there’s also the added fear of looking too stumpy, or too square.  Sure, you look great in gym gear, but what about the rest?

The solution

There are few things more unbecoming than a man in a too-tight T-shirt (we don’t need to see your nipples, thank you very much). That said, you shouldn’t feel as if you have to hide your assets; rather, your clothes need to complement them. The key idea here is keeping your clothing lightweight and not too structured (that is, not overly sculpted with pleats, darts, shoulder pads, canvas linings and suchlike).

tip #1

Unstructured jackets (safari, bombers and truckers) and throw-overs (shawl-collared cardigansblousons and shirt jackets) are a good path to go down, as such garments will stretch to accommodate your considerable proportions.

Tip #2

When it comes to tailoring, avoid double-breasted jackets, which broaden the chest (as they nip in the waist). Rather, purchase single- or double-buttoned jackets that fit well – and not too tightly – on the shoulders. The seam should hit right at the end of your shoulder for a comfortable fit. This is crucial, as it’s the hardest element for a tailor to tweak – the rest can be altered to your measurements. Cotton-poplins, twill and linen-blends are generally more relaxed in fit and will allow for easy movement compared to stiff tweeds and wool.

Tip 3

For the bottom half, trousers should not be too skinny otherwise you will look top-heavy; look for straight-leg trousers instead. If your quads are too big, buy a size up and have them tailored to fit. Avoid anything cropped, whatever you do, as it’ll shorten the legs and unbalance your proportions.

tip 4

Formal shoes on the daintier side will enhance the size of everything else, so go for something a little more robust.

cody romness

So, in short, the master plan is:

  1. Build sports car

  2. Use that money to build an affordable car

  3. Use that money to build an even more affordable car

  4. While doing above, also provide zero emission electric power generation options

Don't tell anyone.

Part Deux:

The main reason of pt 1 was to explain how our actions fit into a larger picture, so that they would seem less random

So, in short, Master Plan, Part Deux is:

Create stunning solar roofs with seamlessly integrated battery storage

Expand the electric vehicle product line to address all major segments

Develop a self-driving capability that is 10X safer than manual via massive fleet learning

Enable your car to make money for you when you aren't using it

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Ilaria Urbinati article

“The people with the best personal style are the ones who have a strong sense of self and who don’t take it too seriously,” she told us. “Style should be an expression and extension of self, it’s not about trying to be someone you’re not.”

You can get away with a whole lot of rule-breaking and crazy prints or colors or whatever stylistically adventurous things you’re into trying if the clothes are perfectly tailored.”

“Any time I see a guy with an interesting shoe or boot, I think it elevates the look.”

 - Ilaria Urbinati


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It is also the lat­est in a string of IPO can­di­dates with gi­ant-sized losses. We­Work, which sub­leases of­fice space on a short-term ba­sis to a va­ri­ety of com­pa­nies, pre­vi­ously re­ported a loss last year of nearly $2 bil­lion on rev­enue of $1.8 bil­lion.

From wsj

cody romness



  1. the characteristic spirit of a culture, era, or community as manifested in its beliefs and aspirations.

    "a challenge to the ethos of the 1960s"

    synonyms:spirit, character, atmosphere, climate, prevailing tendency, mood, feeling, temper, tenor, flavor, essence, quintessence; More

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