When I was an atheist, I thought Christmas was safely pleasant. Baby born in a manger tells us to be kind.

Yawn and pass the fudge.

Christmas is anything but safe. It's crushing and wondrous. When understood, it will change your life.

If that's confusing, let me explain…
The Christmas story is either true or false. It describes God becoming human to rescue his beloved people, including you, or it’s the greatest hoax of all time. You must choose.

Jesus leaves no room to be merely a good teacher, or your occasional helper. He is nothing or God.
Jesus repeatedly and continually claimed to be God and the king of the universe, the incarnation of Yahweh, the God of the Jews and the God described in what Christians now call the “Old Testament.”

Jesus said he was the fulfillment of God’s promises and prophecies.
Jesus was a radical, who turned the world upside down.

He believed in the inherent value of all human life, which provided the basis for modern human rights, including women and children.

He defended the poor and oppressed, condemning only the self-righteous religious elites.
Jesus’s family thought he was crazy and asked him to stop saying absurd things.

Huge crowds of followers of Jesus were often repelled by the implausibility of his claims, returning to their previous lives. Even Jesus’s closest friends and disciples abandoned him.
Jesus was crucified, the most brutal punishment available, reserved for the worst crimes and the worst criminals. He died with one possession, a cloak, which was gambled away as he hung on the cross.

All this is historically verifiable. Don't believe me? Do your own research.
Jesus’s character was remarkable. Tim Keller explains:
Simply put, Jesus is the only person in the history of the world to have claimed to be God, lived a life of enduring admiration, and changed the world.

Plenty of people claim to be God and were laughed at, ridiculed, and quickly forgotten.
Plenty of people, like Muhammed or Buddha or Confucius or Plato, lived lives of great admiration and changed the world.

But there is only one person in the middle of that Venn diagram.

Muhammed never claimed to be Allah. Buddha said he was not a god.
In the history of the world, only Jesus claimed to be God and had large numbers of people believe him.

Jesus said, “I am the way and the truth and the life. No one comes to the Father except through me.” (John 14:6)

He called himself the “living water.”
The story of Christmas has no marks of believable fiction.

It starts in the Middle-Eastern sticks, where a vulnerable baby was born to a poor family who would soon become refugees. This baby would grow up in obscurity, preach for a short time, then die a disgraceful death.
And this poor outcast would change everything. Jesus would split time, conquer the greatest of world powers, and transform what we thought it meant to be human.

Jesus changed me. I hope he changes you.
Merry Christmas my friends!

Today I celebrate the birth of Jesus, the man I once dismissed with sneering condescension, but who I now follow.

I pray for God's transformative presence and peace is with you and your family.

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More from @BrentBeshore

7 Nov
Antonio is right. Utopic visions and reality are incompatible.

But the source is important. SF isn't guided by Christian ethics, but instead French enlightenment logic. One sees people as broken in need of a savior. The other as a blank slate damaged by society.
The Bible is anything but utopic, which is one reason I was attracted to it as an atheist.

It’s the gritty account of reality. Its heroes are image bearers, but a herd of morons who God works through. Sound familiar? Sure does to me. And, as a moron myself, it gives me hope.
Contrast with 18th c. enlightenment optimism and confidence, the fruit of which is 19th c. terror, the bloodiest century in history.

Man’s replacement of God ushered in the politics of pure power.

Here's Aleksandr Solzhenitsyn from his Templeton Prize for Progress speech:
Read 7 tweets
22 Sep
When partners and friends do well, it’s cause for celebration.

WashU's recent investment performance is incredible, but doesn’t surprise me. It felt inevitable based on our work with them (they’re @permanentequity’s largest investor).

Some thoughts...

pionline.com/endowments-and…
In 2017 @ajkurki reached out after reading something I had written about long-term investing. We had a nice chat and I remember his subsequent handwritten note.

Embarrassingly, I didn’t think that university endowments would have any interest in investing with a group like us.
In fact, I didn’t even ping @ajkurki when we decided to raise our first fund after @patrick_oshag talked me into it.

When we announced our first fundraise, Adam reached back out. @timhanso and I got lunch with him and a colleague in St. Louis while in town for a game.
Read 23 tweets
6 Sep
Over the past week, I’ve gotten lots of questions about @CapitalCamp, which took place this past week in Columbia, MO.

What is it? Why? Why there? Who?

Figured a thread might save some time and help attract the likeminded. Here’s the scoop:

In 2017 I was sitting in a hotel ballroom sipping on bad coffee surrounded by an army of blue blazers waiting to take down a rubber chicken lunch.

No one seemed happy, but hey, conferences aren’t supposed to be fun. It’s work, right?
I got back and called my friend @patrick_oshag about a crazy idea.

What if we put on an investing conference that was informative and enjoyable? What if we took people out of their element, got casual, and gave people the opportunity to form meaningful relationships?

He said:
Read 18 tweets
26 Aug
We often get questions about how @PermanentEquity works with companies post-close, especially as we’ve scaled. Who's involved? What roles do they play?

Thread about growth, governance, and opportunities, including a senior-level role to join our team and manage a portfolio:
Before diving in, it’s important to know how we’re different.

Unlike traditional PE, we don't use debt, buy with no intention of selling, and never have a 90-day plan. We try to listen and learn how we can be good partners.

We also don’t use boards of directors.
While boards can add a variety of skillsets and perspectives, they also can quickly devolve into a hairball of misaligned incentives, poor communication, and chaotic decision-making.

We have a dual hook-in structure post close with a financial partner and a portfolio partner.
Read 7 tweets
16 Aug
What Farbood is articulating is a classic secular materialist worldview, and one that I previously shared.

Creating our own meaning assigns purpose to something, which inherently has none, based on our feelings. Subjective meaning is a fiction, while perhaps a helpful one.
If you find meaning in your relationships, it’s a feeling, not a reality.

And while you may have a preference towards having relationships, it’s merely that: a preference. The subject of my meaningful feelings will die and eventually all of humanity will cease to exist.
Read 9 tweets
8 Jun
In what might be the biggest, hugest, most crazy story ever, financial journalist discovers taxpayers, some of which were highly successful, didn't pay taxes on unrealized gains, per the tax code followed by everyone.

Other journalists agree and are outraged.
In other crimes-against-humanity news, millions of ordinary Americans are now declared morally bankrupt and should be cancelled because they failed to pay taxes on rising home values.

Financial journalists everywhere call for a national day of mourning and repentance.
Said one well known financial journalist, "I haven't seen this level of moral filth since I heard about companies having the freedom to use their free cash flow as they please, including to buy back stock."
Read 4 tweets

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