10 Friday Morning Readings – The Overview

10 Friday Morning Readings – The Overview

My weekend morning train The WFH reads:

American consumers shop, travel and train as if nothing had happened 1999 2019 People have gone back to their old ways in many ways, while pandemic stars like hand sanitizer and stationary bikes have faded. (Wall Street Journal)

Elon Musk bets the farm: How the Billionaire’s Twitter Buyout Could Backfire Tesla Musk leverages Tesla shares for his Twitter buyout, making the companies odd bedfellows. (Grid)

Does China have hidden reservoirs of growth potential? The size of the market. The most important reason to invest in China has long since shifted from cheap labor costs to market access. Even though the Chinese government is taking various measures to limit market access for foreign companies and support local competitors, even a small slice of one billion consumers equals immense wealth. So obviously, the question of whether the Chinese market will continue to grow is an important factor for investors. (Noahpinion)

How Blockchain Could Fix Asset Management: A DAO is like the crypto version of an investment club — and it could be the solution to one of the industry’s thorniest problems, writes columnist Angelo Calvello. (Institutional Investor)

Work from 9 a.m. to 2 p.m., and again after dinner: The pandemic has upended the rigid 9-to-5 workday. Grasp the age of the ‘triple peak’ day. (New York Times) see also How Austin attracted the most workers to offices: The hiring boom over the past decade has drawn many young professionals into tech-adjacent roles that are more likely to be located in the office (Wall Street Journal)

The strange case of hole-in-one insurance When golf tournaments promise big cash prizes for holes in one, they turn to niche insurers to protect against a stroke of luck. (The bustle)

The wild secrets of multi-million dollar marriages Our undercover reporter spent a week working with some of the world’s best event planners and uncovered all the non-romantic work it takes to achieve nuptial bliss. (Business week)

How public schools are going net zero: K-12 schools are a major source of building energy consumption. Two new schools in Washington, DC aspire to be models of efficiency and equity for students. (CityLab)

Putin against his oligarchs: As Russia’s invasion of Ukraine enters its third month, Putin’s petty ruling class is feeling the burn. It’s a reminder that they were never so buddies in the first place (Puck)

At the Court of the Liver King: From the medieval trappings of his Texas mansion to his diet of raw organs, the TikTok star and supplement mogul encourages living like a caveman in all aspects of life. (GQ)

Be sure to check out our Masters in Business interview this weekend with Alex Guervitch of Hon Te Advisors, a global macro discretionary hedge fund. Previously, Guervich led the macro book at JP Morgans. In 2020, Hon Te was ranked 2nd in net return and among the top 10 emerging managers. He is the author of The next perfect swap and more recently, March 2020 jobs.

Energy at ~3% of spend is at historic lows, compared to the ~6% peak in the late 1970s

Source: @kritiguptanews

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