Thursdays are now all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the last trauma that wildfires can leave behind.
Quote of the Day
"What makes you a superhero isn’t the heroic act itself. It’s about the difference between the bravery of the act, and the limits of your capabilities."
(Lawrence Yeo)
Markets
- Things got pretty dicey for the functioning of the Treasury market back in March. (ft.com)
- Why regulators are still reluctant to back cryptocurrencies, like Bitcoin. (institutionalinvestor.com)
- Why short sellers are saying that 'structural fraud' is rampant in Chinese companies. (institutionalinvestor.com)
Business
- The technology sector wasn't worth regulating a decade ago. Now it's an inevitability. (ben-evans.com)
- The continued number of bailouts is creating a growing class of 'zombie companies.' (wsj.com)
- Eric Ries' forward from the new edition of "The Startup Community Way" by Brad Feld and Ian Hathaway. (feld.com)
- Lessons learned from Rory Sutherland's "Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life." (mastersinvest.com)
Longreads
- What lessons can we take from 14th century Florence, post-pandemic? (politico.com)
- How Henry Blodget went from disgraced analyst to go on and found, build and sell Business Insider. (institutionalinvestor.com)
- How Carlos Ghosn escaped Japan and left his team holding the bag. (vanityfair.com)
- How much of orthodontia is medically necessary? (slate.com)
- Why is Bob Ross still so popular? (theatlantic.com)