Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how Putin misjudged the war in Ukraine.
Quote of the Day
"The simple reality is that we aren’t in complete control, or even mostly in control, of our own destinies. Thanks to chance, genetics, the whims of others, the vagaries of fate."
(Freddie deBoer)
Companies
- Why a Swedish company, Embracer, is buying up hundreds of game companies, publishers and IP. (msn.com)
- How Ticketmaster came to dominate the ticketing industry. (prospect.org)
- Why did Tesla ($TSLA) stop reporting Autopilot safety numbers? (msn.com)
Longreads
- The biggest venture capital firms are becoming quasi-index funds. (investing1012dot0.substack.com)
- How the chestnut tree could return to American forests. (wsj.com)
- The Cheesecake Factory shouldn't work, but it does. (vox.com)
- A look inside the Christmas movie industrial complex. (torontolife.com)
- How to use Phil Stutz's tools for enjoying the journey. (neckar.substack.com)
