Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at whether the B-corp movement has lost the thread.
Quote of the Day
"What we can say with confidence is that we do not know and that we owe it to those suffering in our mental-health crisis to be honest about that fact."
(Eric Levitz)
Business
- The inside story of how Wellington Management and Vanguard became long-term partners. (institutionalinvestor.com)
- How Germany's biggest fraud ever, Wirecard, eventually unraveled. (newyorker.com)
- What the NBA can learn from Formula 1. (stratechery.com)
Shoes
- How New Balance plans to keep up its growth. (gq.com)
- Why 'recycled shoes' don't necessarily end up recycled. (reuters.com)
Health care
- What does it mean when everyone is on a weight loss drug? (thecut.com)
- A reminder that health care sharing ministries are NOT insurance. (propublica.org)
Behavior
- Why most people don't feel as old as they actually are. (theatlantic.com)
- How loneliness reshapes the brain. (quantamagazine.org)
Longreads
- How Adam Smith's work has been twisted to for a modern ideology. (newrepublic.com)
- Migrant children are at work around the United States. (nytimes.com)
- Can anything be done to reverse the decline in the humanities on college campuses? (newyorker.com)
- Baltimore demolished Black neighborhoods for an expressway that never materialized. (baltimoremagazine.com)
- Can AI be used to brew a better beer? (expmag.com)
