Learn from market history. Join us as we study the insights from the past to navigate the present—and prepare for the future w/ co-hosts @dnlgmb & @mgharris34
New York, NY
Joined August 2025
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backtestpodcast retweeted
The tale of the Cornish Giant was one my favorite parts of @backtestpodcast's Revolution series.
Richard Trevithick invented the steam locomotive, but the rails cracked underneath it. His steam locomotive couldn't break into the market until iron caught up. It was a classic Total Product problem from the book Crossing the Chasm.
As a life update, like Gretchen Weiners trying to make fetch work, I am still trying my best to make Trevithick work. It means someone who is huge, smart, and a little crazy. Use it at the polls today!
backtestpodcast retweeted
It’s 1850. The Gold Rush is on. Cornelius Vanderbilt thinks he’s found a faster, cheaper route to California through Nicaragua, but his engineers tell him it's impossible: too shallow, too many rapids.
So he goes himself. He shoves the pilot aside, runs the boiler at full steam. Then he winches the boat over the rocks!
He opens his route and undercuts his competition so badly, they pay him to stop.
backtestpodcast retweeted
@backtestpodcast being honored in Bend Quarterly (an oldschool IRL newspaper) is a fun and unexpected way to put a bow on our Rail Revolution series.
The Competition for Capital, a guest post by @WillCarpTexas, exploring the fierce competition for capital demand across AI, entitlements, defense, and infrastructure with a historical lense
backtestpodcast.com/p/the-co…
We stitched together four of our conversations from the MoreThan Capital conference into an episode about leading through uncertainty
Now available in your favorite podcast player 🎧
Links to all the podcast players here 👇
backtestpodcast.com/p/high-s…
backtestpodcast retweeted
We are in a new investment era defined by uncertainty. We partnered with More Than Capital to ask global leaders three questions: What is so uncertain? What can history teach us? And how should we lead our businesses in the face of uncertainty? Link below.
backtestpodcast.com/p/high-s…
backtestpodcast retweeted
During the Civil War, Lincoln spent hours at the telegraph office reading dispatches
One of these led to a great story that opens our latest @backtestpodcast episode... all about leading through uncertainty with lots of lessons from history and markets
Our interview with the brilliant @scmallaby is live—Artificial Intelligence, Railroads, and Transformative Changes
Now available in your favorite podcast player 🎧
Links to Spotify, Apple, or wherever you listen 👇
backtestpodcast.com/p/sebast…
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Links to Spotify, Apple, or wherever you listen 👇
backtestpodcast.com/p/the-ra…
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On Tuesday, @matt_levine wrote: “The point of investing is to own a share of future economic productivity. If a big share of future economic productivity might happen on computer chips, you might as well own chips”
In the 1860s, “chips” was railroads
nitter.gq/matt_levine/status/208…
This newsletter provides a strong foundation to support the next stage of the Money Stuff buildout as part of the broader Global Newsletter Renaissance. bloomberg.com/opinion/newsle…
Links to Spotify, Apple, or wherever you listen 👇
backtestpodcast.com/p/the-ra…
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backtestpodcast retweeted
The cease-fire in Iran failed. It’s worth taking a step back to review the three paths to resolution in oil markets.
Path 1 seems to have failed and we’re giving Path 2 a try, which will take time to play out.
That means we’re back to thinking about Path 3, price levels. Can the oil market remain optimistic while the US military forces open Hormuz? Will these military efforts succeed? If not, we may see some dramatic price spikes to trigger demand cutbacks.
@Bob_McNally is an excellent teacher to understand the history and the mechanics of all this. Full interview in the comments.
backtestpodcast retweeted
In case you need some cool stories for your 4th of July party!
nitter.gq/backtestpodcast/status…
backtestpodcast retweeted
Saturday is America’s 250th. Did you ever think about who called the shots for financing the war while Goerge Washington called the shots on the battlefield? @backtestpodcast just dropped a one episode special telling the story of how the American Revolution was financed. Link below. HBD, America!
open.spotify.com/episode/5OW…
Links to Spotify, Apple, or wherever you listen 👇
backtestpodcast.com/p/financ…
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