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The weekend is right here! Pour your self a mug of espresso, seize a seat exterior, and prepare for our longer-form weekend reads:
• Planet Boglehead: Vanguard Struggles to Win Over the World: America’s quirky fund large desires to promote itself to Europe. Is anybody shopping for? (Businessweek)
• New Glut Metropolis: Town’s mega-office landlords are panicking, pivoting, and shedding what’s nugatory. One opens his books. (Curbed)
• Impressed by Ukraine warfare, Taiwan launches drone blitz to counter China: After Ukraine deployed drones to efficiently offset Russia’s benefits on the battlefield, Taiwan’s leaders took observe. However an inside report introduced to President Tsai Ing-wen contained an alarming discovering: In drones, Taiwan lagged far behind its rather more highly effective adversary – China. Now, the island has enlisted industrial drone firms in a bid to catch up. (Reuters)
• An NFL linebacker give up soccer to promote Pokémon playing cards, now he’s making hundreds of thousands: Yeah, at first, his teammates thought it was bizarre. “Blake, what’s all this Pokémon stuff you’ve been posting about?” Saquon Barkley requested him someday within the Giants’ locker room. Similar with Sterling Shepard. Similar with Leonard Williams. “Isn’t that stuff for youths?” they needed to know. Martinez knew it was coming. So he’d begin by telling them how a lot cash he was making. “I simply did a $50,000 field break and made $108,000.” He’d watch their eyes mild up. Extra questions would comply with. (The Athletic)
• It’s Laborious to Construct a Sturdy Enterprise Promoting Sturdy Items: You may simply invert this to think about the same quote from Darkish Buffett: I’ll inform you why I hate the high-quality shopper durables enterprise (e.g. home equipment, devices, furnishings): you promote it for a greenback however it prices 85 cents to make, the higher a job it does the much less possible your clients are to want one other one, and if you’d like model loyalty commensurate with that high quality you’d higher wait a technology or two to show that the merchandise you promote can final for a very long time—in the meantime one or two unhealthy years can sink you. (The Diff)
• A Huge Untapped Inexperienced Power Supply Is Hiding Beneath Your Ft: New experiments within the deserts of Utah and Nevada present how advances in fracking—know-how developed by the oil trade—could be repurposed to faucet clear geothermal vitality wherever on Earth. (Wired)
• Your office desires you to swallow a cheerful tablet. What in case you discovered collective pleasure as an alternative? For years the company diktat has been that happiness should be achieved alone, however many are turning to communities for pleasure. (The Guardian)
• An Arctic ‘Nice Sport’ as NATO allies and Russia face off in far north: For a number of years now, European and U.S. safety and intelligence officers have been protecting a better eye on the world above the Arctic Circle, understanding that melting polar ice will open new commerce routes, propel a race for pure assets and reshape world safety. Western officers watched as Russia revived Soviet-era army websites and whereas China deliberate a “Polar Silk Highway.” (Washington Submit)
• The Polygon and the Avalanche: How the Gilgo Seashore Suspect Was Discovered: As investigators spent years searching for a suspect, a key clue was buried of their recordsdata. May they’ve solved the case years earlier? (New York Occasions)
• My Inconceivable Mission to Discover Tom Cruise: The motion star has gone to nice lengths to keep away from the press for greater than a decade. However perhaps our author might monitor him down anyway? (New York Occasions Journal) see additionally The Typically Wacky, Typically Depraved, and At all times Wondrous Eras of Barbie: The Mattel doll has been via loads since her 1959 creation—an increase to fame, a public backlash, a breakup, a reconciliation, and rather more. Now, although, we’ve entered her newest period—Blockbuster Barbie—which exhibits that by some means, each the doll and perceptions of her are nonetheless evolving. (The Ringer)
You’ll want to try our Masters in Enterprise interview this weekend with Jawad Mian, CFA and Chartered Market Technician, who runs the impartial world macro analysis and buying and selling advisory agency Stray Reflections. The agency’s focus is on main funding themes, and its shoppers embody lots of the world’s largest hedge funds and different asset managers.
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