Hello

I am Luigi Congedo, and welcome to my nonsensical newsletter.

While I primarily write for my own amusement, I’ve decided to start sharing some of the news and eccentric thoughts that cross my mind. After all, I’m on the lookout for fellow outlandish souls like myself.

During my upbringing, one of my favorite movies was “Wall Street.” I was captivated by the notion that “Greed is Good.”

One of the most indelible moments from the film was when Michael Douglas talks on the concept of Greed is Good:

“The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind..”

As a child who was consistently sheltered at home, I nurtured the belief that the key to being impressive in the world was to be resilient and greedy.

Reality, however, often contradicts these notions. More often than not, strength is synonymous with weakness, and what’s considered cool holds no significance.

Thanks to Gordon Gekko and a host of other cinematic greedy characters, I might have grown up convinced that one must be unyielding, that greed is a virtue, and that money can procure all necessities.

Fast forward to today

A few years ago, my focus shifted from financial markets to technology. This shift isn’t just about my personal interests; it’s emblematic of a generational shift. For more insights, check out AI NEVER SLEEPS.

In the 1980s, alongside the notorious culture of “Greed is Good” on Wall Street, there was a profound silent transformational technological revolution happening.

The advent of spreadsheet software like VisiCalc played a pivotal role in the Wall Street boom. VisiCalc, the first “killer app” of finance, enabled rapid calculations and software that laid the groundwork for the $5 trillion Private Equity market.

While I’m not entirely certain – READ MORE