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I go back to work in the morning train WFH wrote:
• Is the Fed shrinking the prospects for speculative stocks? Since the beginning of November, “Story” stocks and cryptocurrencies have performed poorly (Wall Street Journal)
• Cryptocurrency barrels head towards 2022 after increasing value of 1.5 trillion U.S. dollars Digital assets ushered in a breakthrough year in 2021, and prices began to rise, but there are many more stories. Five key charts tell the story. (Bloomberg) You can also take a look The “moon landing” crash is approaching A long-term venture capitalist believes that Elon Musk’s religious dedication, hype and YOLO investment are almost a dot com-style pyramid plan in the making. (vice)
• Find some middle ground between Paul Walker and Jerome Powell The problem is that raising interest rates from 0% to 0.75% or 1% does not solve supply chain problems suddenly. The Fed cannot make more semiconductors. They cannot unpack the container ship in the port of Los Angeles. They cannot build more houses out of thin air. (Common sense wealth)
• Pareto Funtier: Making money is more fun and having fun Web3 is a whirlpool of talent, money, culture and brain space. I have been trying to find out the reason and explain it in the simplest terms. I think I have it, my wit to explain 🙁Not boring)
• The sports betting gold rush is definitely not on the chart Legal sports betting in the United States-once limited to Nevada-has become mainstream. Since the Supreme Court ended the federal ban on the expansion of the industry in 2018, dozens of states have legalized it, and a multi-billion-dollar gambling boom is brewing. There are now more sports betting in New Jersey than in Nevada. California may become the largest market and will vote on legalization next year. (Bloomberg)
• A classic car giant with a noble mission: to save the driving The Hagerty brand provides insurance for collectible cars (2 million of them), and its articles and videos attract a large number of people. After listing, it has bigger plans. (New York Times)
• Inside Apple Park: First look at the design team shaping the future of technology Under the leadership of Evans Hankey and Alan Dye, the Apple design team has a huge influence on our evolving relationship with technology. They opened their doors for the first time at Apple Park in Cupertino, allowing us to gain insight into the workflow behind their latest work. (wallpaper)
• Bugatti? Check. Patek Philippe? Check. North Fork Vineyard?Check. Long Island properties that own wineries, viticulture operations, or open enough land to build them, are becoming a popular new status symbol for responsive millionaires (Wall Street Journal)
• Why the delta variant of the coronavirus dominates in 2021 Delta’s unique mutant constellation explains why it causes such a devastation. (Science news) You can also take a look Late Covid: This is a strange moment. Twenty months have passed since this pandemic, and we are entering a new phase with different dynamics. Even the culture war surrounding COVID has a different flavor. (Atlantic Organization)
• The U.S. Supreme Court will hear the case of Pissarro painting plundered by the Nazis: The decades-long dispute between the heir of a Jewish woman who fled from Nazi Germany and the Thyssen-Bornemisza Collection Foundation involved procedural issues regarding the responsibility of foreign sovereignty in the U.S. courts (Art News)
Be sure to check our Master of Business interview This weekend with Michael Maubousen, Who runs Unanimous research At Morgan Stanley’s buyer’s company, Counterpoint global. Mauboussin (and his co-author, Alfred Rappaport) revise and update their book Expected investment: Read stock prices to get better returns.
The 2010s were even better than the 1990s, and real income growth was strong in the 1920s
source: @paradoxinvestor
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