Thursdays are all about longform links on Abnormal Returns. Wherever possible, free links for premium sites are used. You can check out last week’s linkfest including a look at some signs of hope for the entertainment industry.
Quote of the Day
"Material progress doesn’t just give us luxury, comfort, and leisure. It moves us up a hierarchy of values, freeing up money, time and energy spent on the basics and letting us redistribute them towards the fulfillment of a richer life."
(Jason Crawford)
Books
- An excerpt from “She-Wolves: The Untold History of Women on Wall Street” by Paulina Bren. (wsj.com)
- Daid Epstein talks with Malcolm Gladwell author of "The Tipping Point: How Little Things Make a Big Difference." (davidepstein.substack.com)
- John T. Edge talks with Wright Thompson about his new book "The Barn: The Secret History of a Murder in Mississippi." (salvationsouth.com)
Longreads
- Harvard University's endowment fund continues to disappoint. (bloomberg.com)
- A dozen things learned from Jess Lee who is an investing partner at Sequoia Capital. (25iq.com)
- A profile of Kyla Scanlon, everyone's favorite Gen Z economist. (wsj.com)
- Can Eli Lilly ($LLY) avoid the boom/bust cycle of other pharma companies? (on.ft.com)
- How fentanyl is smuggled into the U.S. from Mexico. (nytimes.com)
- Why mycelium is showing up in so many products. (wapo.st)
- Why the U.S. can't build icebreaking ships. (construction-physics.com)
- Ukraine, as a society, is exhausted. (on.ft.com)
