Steve Hanke
Professor of Applied Economics at Johns Hopkins University

Roger Farley, one of my former students at The Johns Hopkins University and a very experienced Chicago trader, recently started a newsletter inspired by German mathematician Carl Jacobi’s idea of approaching problems by beginning with the end in mind. As billionaire investor Charlie Munger once said, “[Jacobi] knew that it is in the nature of things that many hard problems are best solved when they are addressed backward.” The first issue of Roger’s newsletter, “Always Invert,” is linked below. Allow me to suggest you give it a read.

A thoughtfully written piece on Kunduz by one of our early angels and our friend @rogerfarley. One of the things we take pride in is to have angels who are professional investors in public markets. It is hard to build a financially viable business as you grow aggressively.. 1/3

A great long-form piece on the magic of building in public

thanks for the mention @rogerfarley 😄

Great write-up today by @rogerfarley highlighting the sea of opportunity in No-Code solutions.

As someone who always swore off coding, I've been having a lot of fun w/ Zapier, AirTable, & Bubble.

Check out his newsletter & associated community below:

alwaysinvert.com/newsletter/the…

Steve Hanke
Professor of Applied Economics at Johns Hopkins University

Roger Farley, one of my best former students from many moons ago, was a graduate student in writing seminars (where he was working with the famous professor John Barth) at The Johns Hopkins University when he took my course in commodity and foreign exchange trading.

Roger addressed my students yesterday at the Institute for Applied Economics, Global Health, and the Study of Business Enterprise in our usual Friday seminar. It was a brilliant performance. Farley has a distinguished trading record and is now writing the attached weekly newsletter-- something I highly recommend you follow.

Thanks for your support during the hardest times @rogerfarley!! For any founders reading this, Roger is the kind of investor you want in both the good and the bad times