My mid-week morning practice reads:
• The Rise of FTX, and Sam Bankman-Fried, Was a Nice Story. Its Implosion Is Even Higher. A couple of yr after the creator Michael Lewis started to shadow Bankman-Fried, the founding father of the crypto alternate FTX, Bankman-Fried was arrested. Because the story advanced, Lewis has had a front-row seat to the drama. (New York Instances)
• The Return to the Workplace Has Stalled: Workplaces stay half empty as firms settle into hybrid work plans. (Wall Road Journal) see additionally Is 50% the New (Metro) RTO? Europe‘s return to workplace price 90+%, whereas RTO within the USA is simply ~60%; Metro areas are doing even worse at 50%. (TBP)
• Paper Bears: If all the things is so unhealthy why are most individuals joyful? I’m high-quality however all the things else is horrible appears to be the default assumption for most individuals as of late. The pandemic has clearly had an influence on how folks typically really feel in regards to the state of the world and never in a great way. However it’s bizarre that most individuals appear glad with their life generally however assume everybody else have to be depressing. (Wealth of Widespread Sense)
• How Shut is Tokenization for Mainstream Traders? A number of cash managers now provide tokenized funds to traders, whereas different corporations are exploring methods to make the most of tokenization for shoppers. (CIO)
• The Billion-Greenback Ponzi Scheme That Hooked Warren Buffett and the U.S. Treasury: How a small-town auto mechanic peddling a green-energy breakthrough pulled off a large rip-off (The Atlantic)
• The case for monetary literacy training: The injury wrought by an absence of monetary literacy extends past the person — to firms and even to the financial system. “Influential policymakers and central bankers, together with former Fed Chairman, Ben Bernanke, have spoken to the essential significance of monetary literacy.” If solely… (NPR)
• How Tokyo Grew to become an Anti-Automobile Paradise: The world’s greatest, most purposeful metropolis may additionally be probably the most pedestrian-friendly. That’s not a coincidence. (Heatmap)
• These Subsequent-Technology Vaccines May Upend Most cancers Therapy As We Know It: A few of the tech used to make Covid-19 photographs may assist deal with most cancers and coronary heart illness. (Inverse)
• The Period of Warriors Inevitability Is Over, However a New One Begins: Now Golden State’s dynastic run got here to an finish with a Recreation 6 loss to the Lakers, however don’t rely out a rebound. (Sports activities Illustrated)
• What Little Richard Deserved: The brand new documentary “I Am The whole lot” explores the gulf between what Richard completed and what he obtained for it, and between who Richard was and who he let himself be. (New Yorker)
Make sure to take a look at our Masters in Enterprise interview this weekend with enterprise capitalist and seed investor Howard Lindzon. He’s the founder and CIO of Social Leverage, the place he makes early-stage investments. He based Wall Strip (bought to CBS in 2007), co-founded StockTwits (which pioneered the ‘cashtag’ e.g., $AAPL), and was the primary investor in Robin Hood. Social Leverage not too long ago launched its 4th fund.
Ocean temperatures are off the charts proper now, and scientists are alarmed
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