New this week
Reuters
SoftBank Vision Fund posts $26 bln loss; Son pledges defence
Reuters
May 12th · Japan's SoftBank Group Corp reported a record $26.2 billion loss at its Vision Fund investment arm on Thursday, as rising interest rates and political instability whiplashed high-growth tech stocks.
Shared by 74, including Theodora (Theo) Lau - 劉䂀曼 🌻
readmargins.com
Late Stage Prisoners Dilemma
readmargins.com
9 min read · May 13th · Tigers and hedge fund hotel parties
Reader View · Shared by 87, including FearMonger
Molly Wood
Fed Chair Powell: Controlling inflation will 'include some pain'
Molly Wood
~11 min read · May 12th
Reader View · Shared by 116, including David Wessel, Daniel Lacalle, Pedro da Costa
Mother Jones
Billionaire private equity honcho Leon Black was on top of the world. Until he wasn’t.
Mother Jones
2 min read · May 10th · Apollo, meanwhile, has chugged along without him.
Reader View · Shared by 115, including Marvin “Polymath but really Just Generalist” Liao
Visual Capitalist
Why Investors Tuned Out Netflix
Visual Capitalist
9 min read · Apr 29th · Netflix shares have enjoyed an incredible run over the pa
Reader View · Shared by 48
Protocol
Are we watching the next big tech bust?
Protocol
~14 min read · May 10th · Echoes of the dot-com crash are growing louder.
femstreet.substack.com
Are sports cards the future of retail investing?
femstreet.substack.com
6 min read · May 16th · A deep dive into the next wave in consumer fintech — private asset marketplaces
Noah Smith 🐇🇺🇦
What kind of financial asset is Bitcoin?
Noah Smith 🐇🇺🇦
10 min read · May 14th · Is it money? Digital gold? A tech stock? Recent events shed some light on the question.
tedgioia.substack.com
Spotify Shares Now Selling at Less Than the IPO Price 4 Years Ago
tedgioia.substack.com
6 min read · May 2nd · I revisit my past predictions about this company, and make some new ones
Recently popular
Harvard Business School
When Negotiating a Price, Never Bid with a Round Number
Harvard Business School
5 min read · May 6th · Investors who offer “precise” bids for company shares yield better outcomes than those who offer round-number bids, according to research by Petri Hukkanen and Matti Keloharju.
Reader View · Shared by 742, including Leo Polovets
Visual Capitalist
How Do Big Tech Giants Make Their Billions?
Visual Capitalist
8 min read · Apr 25th · In 2021, the Big Five tech giants—Apple, Amazon, Google (Alphabet), Meta, and Microsoft—generated a combined $1.4 trillion in revenue. What are the sources of this revenue, and how does it breakdown?…
Reader View · Shared by 428, including ipfconline 🇺🇦, Theodora (Theo) Lau - 劉䂀曼 🌻, Nicolas Babin #AmazonPartner, George J Huba PhD, Stefan Diepolder, Dr. Marcell Vollmer 🇺🇦 #StaySafe & Carpe Diem
newarkventurepartners.com
The 4 Flows of Supply Chain
newarkventurepartners.com
4 min read · May 8th · Our thesis in the supply chain vertical is founded in 4 important flows: Cargo, Information, Documents and Financial.
Reader View · Shared by 131
Molly Wood
Fed Chair Powell: Controlling inflation will 'include some pain'
Molly Wood
~11 min read · May 12th
Reader View · Shared by 116, including David Wessel, Daniel Lacalle, Pedro da Costa
Mother Jones
Billionaire private equity honcho Leon Black was on top of the world. Until he wasn’t.
Mother Jones
2 min read · May 10th · Apollo, meanwhile, has chugged along without him.
Reader View · Shared by 115, including Marvin “Polymath but really Just Generalist” Liao
youtube.com
Craft Ventures: Operating during a downturn
youtube.com
May 14th · Candid discussion with David Sacks and Jeff Fluhr on public markets, venture capital and historic outcomes of economic downturns.To download slides, click he...
Shared by 108, including Elad Gil, Marvin “Polymath but really Just Generalist” Liao, Ryan Hoover, Peter Yang, Eileen Burbidge, Vinny Lingham, Rob Go
Morning Brew ☕️
E-commerce is flatlining in the first quarter
Morning Brew ☕️
1 min read · May 9th · Online sales are dwindling and customers are returning to physical stores.
Reader View · Shared by 105
Noah Smith 🐇🇺🇦
What kind of financial asset is Bitcoin?
Noah Smith 🐇🇺🇦
10 min read · May 14th · Is it money? Digital gold? A tech stock? Recent events shed some light on the question.
Institutional Investor
Chris Hohn Is a Hedge Fund Manager Like No Other
Institutional Investor
~12 min read · Apr 26th · The TCI Fund Management founder and 2021 Hedge Fund Lifetime Achievement honoree has differentiated himself through philanthropy, activism — and an enviable track record.
Reader View · Shared by 99
tedgioia.substack.com
Spotify Shares Now Selling at Less Than the IPO Price 4 Years Ago
tedgioia.substack.com
6 min read · May 2nd · I revisit my past predictions about this company, and make some new ones
All-time favorites
The Atlantic
NFTs Are an Art Project Gone Awry
The Atlantic
8 min read · 2021-04-02 · When we invented non-fungible tokens, we were trying to protect artists. But tech-world opportunism has struck again.
Reader View · Shared by 802, including Dan Gillmor, anildash, Mike Monteiro🌹, Jer Thorp, James Gingerich, @Expeflow #WorkEasier #RPA, William Gibson, Rand Fishkin, Tom Muller, 🏴 Eithiriel (Nichole Elizabeth DeMeré), Mathew Ingram, Tony Parisi.eth 🇺🇦🌻 #SlavaUkraini, Cem Sertoglu 🤖, Scott Monty, Mark Kaigwa, LARRY ELKAN, Rhizome, Kyle McDonald, Evan Kirstel the $B2B Techfluencer, Brian Rinaldi, Hiroko Tabuchi
Harvard Business School
When Negotiating a Price, Never Bid with a Round Number
Harvard Business School
5 min read · May 6th · Investors who offer “precise” bids for company shares yield better outcomes than those who offer round-number bids, according to research by Petri Hukkanen and Matti Keloharju.
Reader View · Shared by 742, including Leo Polovets
Farnam Street
Understanding your Circle of Competence: How Warren Buffett Avoids Problems
Farnam Street
3 min read · 2021-12-20 · Understanding your circle of competence allows you avoid problems. As we can learn from Warren Buffett, avoiding problems is easier than solving them.
Reader View · Shared by 727, including George Waititu
Visual Capitalist
Visualizing the $94 Trillion World Economy in One Chart
Visual Capitalist
~14 min read · 2021-12-22 · View the expanded version of this infographic. Just four countries—the U.S., China, Japa
Reader View · Shared by 664, including Helen Yu, timoreilly, LARRY ELKAN, 🟣 Antonio Vieira Santos #FutureOfWork, Liam Bright, Bob Gourley, Chris Gledhill | gledhill.eth, Olúfẹ́mi O. Táíwò, Antony Peyton, Damien de France 🌍 🕊️🇺🇦, Elinor Stutz, Brian Laung Aoaeh, CFA, Yves Mulkers, Andreas Staub, David Wessel, BrendanEich, Terence Mills, Michael (मुकेश) 🇺🇦💪🏻, Dr. James Canton, Noah Smith 🐇🇺🇦
Collaborative Fund
The Psychology of Money
Collaborative Fund
20+ min read · From 2018 · Let me tell you the story of two investors, neither of whom knew each other, but whose paths crossed in an interesting way. Grace Groner was orphaned at age 12. She never married. She never had kids.…
Reader View · Shared by 604, including Stammy, Thomas Power, Michael R. Nall, Dominik Grolimund, Nir Eyal, Will Hoag 🏔‼️, Jose Paul Martin, Tomas Pueyo, Liliane Ferrari ™, Sachin Rekhi, Ricky Yean, Mathias Böhm, Liv 😷, Auf der Isar gibt es keine Matrosen, nur Flößer., Jonathan Kogan, Tom+ ✈️ Permissionless/MIA ✈️ SG, Simon Carless, Gabriele, Nando 💪🇦🇺🇦🇷, tjalve
Visual Capitalist
How Do Big Tech Giants Make Their Billions?
Visual Capitalist
8 min read · Apr 25th · In 2021, the Big Five tech giants—Apple, Amazon, Google (Alphabet), Meta, and Microsoft—generated a combined $1.4 trillion in revenue. What are the sources of this revenue, and how does it breakdown?…
Reader View · Shared by 428, including ipfconline 🇺🇦, Theodora (Theo) Lau - 劉䂀曼 🌻, Nicolas Babin #AmazonPartner, George J Huba PhD, Stefan Diepolder, Dr. Marcell Vollmer 🇺🇦 #StaySafe & Carpe Diem
a16z
Decentralized Finance: What It Is, Why It Matters
a16z
~12 min read · 2021-06-15 · DeFi’s two foundational qualities — permissionless-ness and transparency — translate to multiple, powerful use cases.
Reader View · Shared by 381, including Jonathan Kogan, cdixon.eth, Thomas Power, Florian Graillot, Marc Garriga, Paolo Sinelli, benahorowitz.eth, Vala Afshar, Theodora (Theo) Lau - 劉䂀曼 🌻, rohit
The Art Newspaper
'Very, very strange and wildly illiquid': Freakonomics' Stephen Dubner on the 'bizarre' art market
The Art Newspaper
5 min read · 2021-12-23 · The New York-based author has just released a three-part podcast series on The Hidden Side of the Art Market. Here, he speaks about what he learned—and why art is a bad financial investment, but a…
Reader View · Shared by 371
Visual Capitalist
Mapped: Economic Freedom Around the World
Visual Capitalist
10 min read · 2021-12-20 · How would you define a country’s economic freedom? The cornerstones of economic freedom by most measures are personal choice, voluntary exchange, independence to compete in markets, and security of…
Reader View · Shared by 294, including Theodora (Theo) Lau - 劉䂀曼 🌻, Nico Müller 🇺🇦, Dr. Marcell Vollmer 🇺🇦 #StaySafe & Carpe Diem, Stephanie A Kowalski, Katja Evertz
Take a deep dive
