Paul Enright(@pmje73):LVLT was the last fiber company standing post 08 not because it manufactured the best fiber but because Jim Crowe was the master at manufacturing runway for the balance sheet.

2026.09.17 18:16

LVLT was the last fiber company standing post 08 not because it manufactured the best fiber but because Jim Crowe was the master at manufacturing runway for the balance sheet.

Will Manidis@WillManidis

2026.09.17 16:52

a very smart friend of mine inside the intelligence trade has a great riff on this: you can always tell what is scarce in the moment based on who is putting dollars, rather than equity, in their pocket. many more in-hand dollars to the capital as such, rather than to the labs