Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how longform journalism became the new go-to source for story ideas in Hollywood.
Quote of the Day
"Lincoln did not want to win purity awards from abolitionist newspapers. He wanted to win power and to use that power to do what was right."
(Adam Gopnik)
Investing
- Why copying the Yale model of endowment investing didn't yield like results for other institutions. (institutionalinvestor.com)
- Brookfield Asset Management ($BAM) is "highly secretive, seemingly obsessed with control and susceptible to family squabbles that have few parallels among its Wall Street peers." (ft.com)
- The story of how Och-Ziff Capital Management rebranded as Sculptor Capital Management. (institutionalinvestor.com)
Business
- Is the rise of management consultants, like McKinsey & Co., the cause of a squeezed middle class? (theatlantic.com)
- Anna Weiner's memoir "Uncanny Valley" captures the zeitgeist of today's tech workers. (newrepublic.com)
- How the 'Fredo Effect' can tank a family-owned business. (kitces.com)
Health
- Vaping is really just a big public health experiment. (nymag.com)
- A Q&A with pioneering immunotherapy researcher James P. Allison. (quantamagazine.org)
Entertainment
- A semi-tragic profile of Huey Lewis. (esquire.com)
- Why the movie 'Uncut Gems' looks and feels the way it does. (inputmag.com)
- Why pop songs are getting sadder (and meaner) over time. (aeon.co)
Longreads
- What is behind the modern epidemic of 'imposter syndrome'? (1843magazine.com)
- Researchers are looking for universal model that helps describes (and predicts) rogue waves. (quantamagazine.org)
- Just how dangerous is football? The research continues. (newyorker.com)
- Why the mainstream art world has no patience for Banksy. (nytimes.com)