Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at new history of Uber’s controversial rise.
Quote of the day
“Reality is messy. Stories? Not so much. Stories can never be truly ordinary or they wouldn’t resonate.” – Bob Seawright
Investing
- A big profile of David Swensen's career at Yale University's endowment fund. (bloomberg.com)
- Why is IRR still widely used in private equity? (institutionalinvestor.com)
Business
- Apple ($AAPL) is turning the iPhone and its related services into a monthly subscription model. (stratechery.com)
- Too many CEOs don't understand capital allocation. (behavioralvalueinvestor.com)
- The story behind the closure of the popular Blue C Sushi chain. (seattle.eater.com)
Health
- We all want probiotics to work, but do they? (cnet.com)
- When meditation isn't enough: brain hacking has gone high tech. (lamag.com)
- Want to lose weight? Compete at the highest levels of chess. (espn.in)
Longreads
- Facial recognition services are a database. What we do with it is what matters. (ben-evans.com)
- How banning plastic straws became a thing in 2019. (slate.com)
- Why are American homes so darn big? (theatlantic.com)
- A profile of Brad Parscale, the guy behind Trump's campaigns. (propublica.org)
- On the special role Newfoundland played for Americans on 9/11. (washingtonpost.com)
- What do with your life after you've already done the impossible? (espn.com)
