Thursdays are now all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at why in the modern era the Electoral College is so absurd.
Quote of the Day
"If you want to learn how to think for yourself, you can’t just follow what someone else came up with."
(Shane Parrish)
Pandemic
- The inside story of how Pfizer ($PFE) and Moderna ($MRNA) managed to get to the vaccine finish line in record speed. (nytimes.com)
- The hype behind the use of hydroxychloroquine to treat Covid-19 was built on an error. (wired.com)
Investing
- How worried should we be about the growing power of the major money managers. (economicliberties.us)
- Why successful money managers almost always over-expand. (netinterest.substack.com)
- 30 big ideas from Seth Klarman's "Margin of Safety, Risk Averse Investing Strategies for the Thoughtful Investor." (safalniveshak.com)
Vehicles
- How robotic vessels could help police illegal fishing. (hakaimagazine.com)
- Joby Aviation is the closest thing on the horizon to a quiet, air taxi. (forbes.com)
Energy
- How Cushing, Oklahoma became a key cog in the global oil market. (institutionalinvestor.com)
- A profile of Michael Polsky, CEO of Invenergy, has he looks to expand renewable energy across the U.S. (forbes.com)
Longreads
- The new metric of success these days is how few employees your company has. (summation.net)
- How one Republican official stood up to those looking to overturn the election results in Michigan. (politico.com)
- If you thought the American Medical Association was a 503(c) you would be incorrect. (epsilontheory.com)
- In the social media age, where is the line between comedy and cruelty? (vox.com)
- A look inside the great NBA bubble experiment. (gq.com)
- What happened to the Drudge Report? It's a mystery wrapped in a riddle. (tabletmag.com)