Quoting chapter 2 of journalist Thomas Friedman’s seminal work The Lexus and the Olive Tree (1999):
‘Maybe that explains why I gradually found that some of my best intellectual sources these days were neither professors of international relations nor… diplomats, but rather… hedge fund managers. [They tend] to be extremely well informed about global affairs and [have] a natural ability and willingness to arbitrage and interpolate information from all six dimensions [politics, culture, security, markets, technology and the environment] before drawing their conclusions.’Using this definition we really were arbitraging information. There was a particularly interesting discussion around biofuels including the next generations of technologies: jatropha and algae. An excellent bunch of people and I’m sure our paths will cross again soon.