I have always loved the 4th of July, but over the past 20 years it has had special meaning to me. Iron Capital, as we know it today, began when I came to an agreement with my co-founder on July 1, 2003.
The thing about American democracy is that no one ever gets what they want, but everyone gets something they can live with. We are no longer teaching that to our children, and there will be grave consequences if that is not remedied. An educated public, and the ability to compromise and to accept incremental progress, is crucial to the survival of democracy.
Perception may always be greater than reality, but we need it to be anchored in reality. If we are going to face the challenges of our society, then we need less branding and more honest, grown-up conversations aimed at real solutions, not sides.
SVB: This is a lot of things, but one thing it is not is capitalism. There are no bailouts in a capitalist society. The Fed is to blame on two fronts.
Today we seem busier than ever, yet nothing requires focus. Or maybe we are so busy that we can’t focus. We have taken all the work out of our work, and we wonder why we are anxious.
