Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the high (psychological) costs of permanent remote work.
Quote of the Day
"While the NFT party is going, one can hardly begrudge people who turn up as buyers and sellers, so long as they know what’s actually being exchanged and realize that they might be the last ones holding the tulip—or the token for a now-destroyed Banksy print."
(Jonathan Zittrain and Will Marks)
Investing
- The GameStop ($GME) saga put Citadel Securities in the spotlight, where it does not want to be. (bloomberg.com)
- The unusual story of the shutdown of fund manager International Value Advisers (IVA). (morningstar.com)
- Interest in cryptocurrencies is on fire. The Winkelvii are prime beneficiaries. (forbes.com)
Behavior
- The only way to get better at decision making is through deliberate practice. (luckymaverick.substack.com)
- Envy is so much easier in the online age. (moretothat.com)
Longreads
- The new CEO of McDonald's ($MCD) has a big task taking after a scandal-plagued era. (fortune.com)
- We're just scratching the surface of the trauma the pandemic has inflicted on first responders. (propublica.org)
- Why police are rarely charged and convicted of killing civilians. (washingtonpost.com)
- The story of a series of rare books thefts that sound like something out of a movie. (vanityfair.com)
- A little talked about practice that puts songwriters in a difficult position is (variety.com)
- The golf industry has a long-standing diversity problem. (theringer.com)
