Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the structural break society experienced starting in 2012.
Quote of the Day
"The most successful investors tend to be expert communicators, because you have to compel your investors to stick with you during inevitable times of underperformance."
(Morgan Housel)
Books
- An excerpt from "Quiet Street: On American Privilege" by Nick McDonell. (theatlantic.com)
- A Q&A with Karen Pinchin author of "Kings of Their Own Ocean: Tuna, Obsession, and the Future of Our Seas." (insidehook.com)
- An excerpt from "Kingdom Quarterback: Patrick Mahomes, the Kansas City Chiefs, and How a Once Swingin' Cow Town Chased the Ultimate Comeback" by Mark Dent and Rustin Dodd. (slate.com)
- A Q&A with Ryan Holiday author of "Discipline is Destiny." (davidepstein.substack.com)
Longreads
- How Nvidia ($NVDA) created a moat around its AI chip business. (nytimes.com)
- China's long run of rapid economic growth is over. What comes next? (wsj.com)
- The ocean floor is full of all manner of minerals, but do we really want to mine them? (noemamag.com)
- Airplane near-misses happen more often than commonly thought. (nytimes.com)
- Robots and drones are going places that humans can't. (wsj.com)
- How pirated books came to help train LLMs. (msn.com)
- Lorne Michaels is SNL. SNL is Lorne Michaels. (longreads.com)
