Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how freediving changes your body and mind.
Quote of the Day
"The problem with our lives is that we cannot solve them. We can only live them."
(Kate Bowler)
Books
- An excerpt from “Rationality: Why It Seems Scarce and Why It Matters” by Steven Pinker (news.harvard.edu)
- A Q&A with Kate Bowler author of "No Cure For Being Human (And Other Truths I Need to Hear)." (gq.com)
- An excerpt from "The Burnout Epidemic: The Rise of Chronic Stress and How We Can Fix It" by Jennifer Moss. (worth.com)
Crypto
- As long as the SEC refuses to approve crypto ETFs, Grayscale will continue to thrive. (riabiz.com)
- Warren Buffett's granddaughter is an artist who is selling her works via NFT. (institutionalinvestor.com)
Misinformation
- How Putin's Russia exploits divisions in the U.S. for its own purposes. (foreignaffairs.com)
- Facebook ($FB) has become a national security threat. (theatlantic.com)
Technology
- Why IBM ($IBM) is not a major player in cloud computing. (protocol.com)
- Facebook ($FB) Marketplaces is now rife with scammers. (propublica.org)
Regulatory follies
- Corporate insiders largely trade at-will, with little risk of insider trading charges. (bloomberg.com)
- Federal judges are pretty lax when it comes to recusing themselves from cases. (wsj.com)
Longreads
- How Miami turned itself into a destination for tech-types and VCs. (nymag.com)
- Lessons from Michael Milken, on the power of accumulating social capital. (neckar.substack.com)
- The early response to the pandemic was built on bad information - that viruses spread only via droplets and not aerosols. (wired.com)
- The more we live our lives online, the less important it is where we live. (unchartedterritories.tomaspueyo.com)
- Why America has a school bus driver shortage. (thehustle.co)