Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the battle to create ‘meatless meat.’
Quote of the Day
"This is basis uncertainty. This is the biggest concern that every investor should have, that the signals (derivatives) and processes (algorithms) that we ALL use to make sense of the investing world are no longer connected to security prices.'
(Ben Hunt)
Economy
- Even after all these years the Texas economy is inextricably linked with oil. (newyorker.com)
- 18 charts that tell the story of the changing American farm economy. (wsj.com)
- Why the Swedes have a more sanguine view of automation. (nytimes.com)
Investing
- What Robert Pirsig's "Zen and the Art of Motorcycle Maintenance" can teach us about life and investing. (researchpuzzle.com)
- Business and investing lessons from "The Princess Bride." (25iq.com)
Longform
- Do the early Internet pioneers need to apologize for what they brought about? (shift.newco.co)
- How the blockchain redefines trust. (wired.com)
- Why the iPhone X is such a big deal. (daringfireball.net)
- The age of designer proteins is closer to reality. (nytimes.com)
- California's cannabis market is only going to get more competitive. (ft.com)