Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at ciites (and states) that are easing zoning laws to allow for more housing to be built.
Quote of the Day
"We have been tricked into thinking that purchasing things is a creative act."
(Nick Offerman)
Companies
- Rajeev Misra has a big job in trying to wring returns from Softbank's Vision Fund. (wsj.com)
- The founders of Shine helped build some of the biggest brands, like Warby Parker. What is their new venture all about? (buzzfeednews.com)
- Airbnb has a security problem. (vice.com)
Money
- No matter how you slice it, Mike Milken is still a heavy hitter in business and politics. (nytimes.com)
- Even poorly run BDCs can make their managers rich. (institutionalinvestor.com)
Society
- Financial incentives are often outweighed by social incentives, but they still do matter. (slatestarcodex.com)
- Trust in society is a delicate thing. (rationalwalk.com)
Longreads
- How Baby Boomers broke America. Can another Baby Boomer president fix things? (politico.com)
- How the China-NBA spat helped shine a light on what is going on in Hong Kong. (theringer.com)
- Plastics are everywhere. Can we break our addiction to them? (ft.com)
- Meet a guy in the middle of Illinois who is single-handedly fighting ransomware attacks. (propublica.org)
- Why veganism is controversial for reasons that go beyond food. (theguardian.com)
- Why the relentless pursuit of happiness is making us miserable. (aeon.co)