Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at what it is like to go through Army Ranger school.
Quote of the Day
"If cities become less desirable in the next few years, they will also become cheaper to live in. In time, more affordable rents could attract more interesting people, ideas, and companies."
(Derek Thompson)
Energy
- The Permian Basin had been booming for years. That now seems over for good. (nytimes.com)
- ExxonMobil ($XOM) was once the most valuable company in the world. Now its "just another company getting tossed around by the market." (bloomberg.com)
Coronavirus
- Why the coronavirus is so confusing: it's too big for any one person to understand. (theatlantic.com)
- The coronavirus highlighted the issues with the US healthcare system. (ft.com)
- China is trying to erase the coronavirus outbreak from the Internet. (wired.com)
Media
- How dude-centered site The Chive grew into a big business. (theverge.com)
- A profile of Adirene Mishler who pretty much owns online yoga these days. (theguardian.com)
- Instagram cash giveaways are the hot new way to gain followers. (nytimes.com)
Longreads
- Today's Federal Reserve, and its expanded mandate, is nearly unrecognizable from its origin. (wsj.com)
- The US hasn't invested in 'moonshots' in quite some time. Now may be the opportunity. (bloomberg.com)
- The pandemic has pricked the office space bubble. (1843magazine.com)
- A big profile of Ben Hunt of Epsilon Theory fame. (institutionalinvestor.com)
- As a society we tried to optimize everything. In the pandemic that came back to bite us. (theatlantic.com)
- Frugality has not been an American value of late, The pandemic is bringing it back. (vox.com)
