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 Wednesday, September 9th, and this is your FT News Briefing.
The UK is worried Anthropic is boxing them out, and Greece is rolling out the welcome mat to hedge funds.
Plus, investors are in a feeding frenzy over Chinese AI company DeepSeek.
I'm Sonia Hudson, Inframark Filipino, and here's the news you need to start your day.
Anthropic declined to let Britain's AI Security Institute evaluate its latest model before releasing it.
The UK organization is the global leader for testing artificial intelligence.
Instead, the model was only made available to vetted US organizations.
British government insiders tell the FT that's making them worry that American
tech companies are following in the Trump administration's footsteps.