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Fat Tail Capital Profile picture
Fat Tail Capital
@FatTailCapital
Value on bottom, froth on top.
May 24, 2018 • 7 tweets • 2 min read
Heard an incredible story about bureaucracy/military procurement on recent flight back from India. In 1983, the Indian Air Force began to look for a replacement for its aging fleet of 1960s-era MiG-21 fighter jets. (1/n) #MakeInIndia 2/ The goal was for Hindustan Aeronautics to produce an indigenous fighter with first flight by 1990 and enter service by 1995.
Dec 18, 2017 • 22 tweets • 6 min read
The EU Antitrust Commission wrote a 216-page report on why your should own GOOG:
ec.europa.eu/competition/an… No, seriously, I'm going to pitch long GOOG, using only snippets from this report. Here we go: