Oh, hello.

Thanks, Apple Podcasts!

How does RenTec’s trading system work and why does it need to be so complex?

Visualizing the Medallion Fund's net returns by year since inception (1988-2022) 🧮

As brilliantly told in this week’s Acquired Podcast episode, the story of Jim Simons and his Renaissance Technologies is incredible – and the returns of its flagship Medallion Fund are *brutal*.…

Wild that this story isn’t well-known.

First Round was essentially born out of RenTec.

Jim Simons, age 37.

Can’t shake the line about Jim not being the best at math or trading but having great taste in picking problems to solve and opportunities to exploit.

Any episode that forces me to remember an undergrad CS class is a good one in my book.
acquired.fm/episodes/renai…

When next week's Acquired Podcast drops, some percent of listeners will go 'omg YES' and the others (majority?) will never have heard of the company at all.

Lotte has had one of the most impactful careers in human history.

A real treat to get to interview her and understand where Ozempic came from. acquired.fm/episodes/the-s…

On our Novo Nordisk episode, we explored the business behind Ozempic, the 'game changing' weight loss and diabetes drug.

Today, we sit down with the pioneer herself, Lotte Bjerre Knudsen, to dive into the science and her journey to bring it to the world. acquired.fm/episodes/the-s…

The story from the Hermès Acquired Podcast podcast that they hired some consultants in the 70s and they recommended that they should cut prices, increase the number of SKUs and outsource production is the most consulting thing ever

Next year’s Hermes annual report is going to report a significant sales bump due to the Acquired Podcast episode.

I had to buy one: the Hermès Fourre Tout. Japan, late 2000s, 100% cotton.

Remarkable that you can still get them for ~$150 on a variety of secondhand markets.

It is astonishing that Hermès has managed to scale their business (that makes goods by hand!) to become a $250B company.

Here's how they do it: