I’d love to share some knowledge I have about @FDICgov. FDIC is an *independent* government agency — not funded by tax dollars. … I worked in the division of information resources management at FDIC (basically IT) from 2000 to 2003. /1 FDIC was formed in 1933 to prevent a rash of banking failures from ever happening again. FDR’s speech from March 1933 — 90 years ago! — is STILL RELEVANT today: fdic.gov/about/history/…

Quick fun $TSLA story thread, which speaks to @elonmusk’s leadership style. So, I’d been a stock analyst on TSLA since the 2011 IPO, and I knew that it was a get-it-done culture, where “it can’t be done” is a banned phrase. 1/14ish Best story I heard personally was from Peter Rawlinson, former chief engineer of the Model S. He said Elon wanted the cylindrical battery cells in the floor of the car, which presents so many challenges no one else would attempt it. But Elon just said, “do it.” And so, they did.

Anthropologist Edward Hall's 1976 book, Beyond Culture, was probably the single most helpful framework I've ever read in understanding the different ways people communicate. Specifically, his illumination of high context vs low context cultures. 1/13 In high context cultures, context matters more -- body language, what goes unspoken, indirect communication. In low context cultures, words matter more. I believe Hall said, at the time, that Japan was the highest context and Swiss-German the lowest context culture. 2/13

1) People asking me what I think about TSLA going private. Thought I’d share here: 2) Many things to work out and sort. This is unprecedented. The private and public equity arms at giant funds are managed by separate people - unclear how easy it would be to transfer shares among existing institutions, or that’s even desirable.