Notes
Longer thoughts on whatever I’m trying to understand, and what turns up along the way.
We Were Never the Center
From Copernicus to the Pale Blue Dot, we keep learning that we are not the center. AI is the next lesson, and this time it reaches us on our own turf. What that means for my work, and what I think still stays human.
Why Private Equity Is Buying Marinas, and What It Says About the Asset Class
Over the past decade, and especially since 2020, marinas have moved from family ownership into the portfolios of private equity and infrastructure funds. The deals say a lot about what marinas are as an asset, and about where the thesis is weaker than the headlines suggest.