"People talked about Steve's reality distortion field as a joke but at the same timetime he gives you the impression that everything he says is core to his belief about the world, " he said.
Nobody knows when the music will stop, but the distortion of risk-reward in the public markets makes this an ideal time for investors to consider their portfolio allocation in private markets.
It's time to take off those stylish green tin foil hats, turn down the reality distortion field, and acknowledge the obvious: Absence of a female member at golf's most prominent club not just a folksy conclave in the woods, but the sport's best-known stage, a citadel of corporate power, happily monetizing and broadcasting its event to millions is woefully out-of-date and should embarrass anyone invested in this event.