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George Aliferis, CAIA's avatar

I think the SV language is explained by Thiel's monopoly theory. Big tech all aspire to be monopolistic but the rule in that club is to never admit you are a part of it.

For all its hubris, WS never aspire to be monopolistic. GS just wants to beat morgan stanley and co, they never wanted to 'organise the world's finance'.

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Boss Gandavabi's avatar

I think you nailed it. Your essay reminded me of Anand Giridhardas's excellent book "Winners Take All", where he makes similar points about SV's doublespeak and he at least say that they really believe in it, and that's really dangerous.

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