2026-10-13
12 分钟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 Tuesday, October 13th, and this is your FT News Briefing.
The IMF is issuing a stern warning, and Pakistan wants to avoid being dragged into a war.
Plus, there are going to be a whole bunch of elections in Europe soon, and it could change the EU.
I'm Mark Filipino, and here's the news you need to start your day.
The International Monetary Fund meets in Thailand this week, and it's saying the quiet thing out loud.
The world's largest economies have out-of-control debt.
In its world economic outlook, the IMF predicts
that government net borrowing by advanced economies would reach 5.2% of GDP this year.
That is the highest it's been since 2021 during the COVID pandemic.