This episode is brought to you by Hard Lessons, a Morgan Stanley podcast.
Iconic investors like Stan Druckenmiller, John Gray, and Rick Reeder break down calls that worked.
I knew that this stock would go up for at least two or three years and go up a lot.
Ones that didn't.
I quite frankly thought the company could have reversed course.
They didn't.
And what they learned in between.
When you buy everything and it goes up, it doesn't train you to be a great investor.
It's these hard lessons that make all the difference.
Listen to Hard Lessons wherever you get your podcasts.
Good morning from the Financial Times.
Today is Monday, October 5th, and this is your FT News Briefing.
Kemi Badenak opts for bread and butter issues at the Tory party conference.
But I think you're seeing a switch of emphasis from the Tories, knowing that you can't help Farage Farage.
And is the deal-making boom coming to an end?
Plus, the Israeli government is pushing settler expansion in the run-up to elections this month.
I'm Josh Gabordoin, and here's the news you need to start your day.
Brit deal-making took a pretty decent hit last quarter.
Higher borrowing costs thanks to the war in Iran and questions
over the impact of AI led to a slowdown in corporate mergers and acquisitions.