Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at why you shouldn’t read history for the lessons.
Quote of the Day
"For the moment, a gigayacht is the most expensive item that our species has figured out how to own."
(Evan Osnos)
Finance
- Why this era of large-scale speculation isn't going away any time soon. (ft.com)
- A profile of Buffett protege, Tracy Britt Cool as she builds her own investment firm, Kanbrick (nytimes.com)
- A profile of Sam Bankman-Fried and FTX's growing empire. (bloomberg.com)
- A wide-ranging Q&A with Michael Mauboussin. (manual.withcompound.com)
Behavior
- A three-step process to better accepting feedback. (ft.com)
- Why you should stop reading the news. (experimentalhistory.substack.com)
- The ultimate guide to burnout. (commoncog.com)
Longreads
- Jamie Catherwood, "History is not a GPS system or roadmap." (investoramnesia.com)
- We really don't know how new technologies are going to interact with each other in the future. (notboring.co)
- Genetics research is changing our knowledge of evolution. (newyorker.com)
- The pay model for TV writers and showrunners are in flux. (variety.com)
- A profile of new-age defense contractor Anduril. (readthegeneralist.com)
- How Hawaii's housing crisis is unique. (dwell.com)