INDUSTRY

I've spent decades in hedge funds. The main thing I learned is that most people in finance are wrong most of the time.

Resale is not a trend. It is an inevitability. Every brand will have a resale strategy within 10 years.

Black developers get 1 percent of major development contracts in America. One percent. That is not a pipeline problem. That is a gatekeeping problem.

The crypto industry has a trust problem, and it's entirely self-inflicted. Every exchange that gets hacked, every founder who rugs — they make it harder for the legitimate ones. We're paying for other people's sins.

Every construction tech unicorn that died had the same problem: the technology worked, the industry didn't cooperate.

Industries do not die. They restructure. Someone always picks up the pieces.

Steel is not just a business. It is the material on which modern India is being built, road by road and building by building.

There will be the apology tour and the apology fund. The next fund will be 0.3 times the size of the last fund.

It was terrible at the time, but in hindsight it turned out to be a blessing in disguise.

If fundamental investing does not come to this industry, it just means that we failed.