Blog

“Where are you seeing this work?”

We write about what we see inside investment firms.

A small number of pieces each year, each one drawn from an engagement. We write when what we observed taught us something we did not know before, and we publish what we learned.

Every piece opens with the view we hear most often, in the words our clients use, and then sets out what the work showed instead.

The archive

The standard

Three conditions, all required.

Not an editorial policy for its own sake. It is why the archive is short, and why we can stand behind each piece in it.

  • It came from a room we were in

    Nothing about the industry in general. If we were not sitting with the people it happened to, we have nothing to add that you could not read elsewhere.

  • The conventional view goes first

    In its own words, not a version constructed to be easy to argue with. If we cannot state the other position in a sentence someone would actually say, we do not understand it yet.

  • We say what we used to think

    Every piece exists because something we believed turned out to be wrong. The prior position stays in the piece. It is the evidence that the new one cost us something.

Tell us what you are seeing.

If your experience differs from what we have written, we would like to hear it.

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