my weekend morning train WFH wrote:

• How many billionaires are there? Forbes thinks there are 735 people in America. Another count found 927. Whatever the answer, mysteries are being unraveled — and the number is growing rapidly. (New York Times Magazine)

• How an adviser to America’s super-rich program is winning taxes again Hear elite lawyers discuss how to make the tax code more effective for the 0.1%. (Bloomberg) see also The gatekeeper to opening America to shell companies and secret owners: Registered agents have long been seen as a weakness of the U.S. financial system due to a lack of oversight. (Washington post)

• Baseball’s owner is winning the game behind the game With the most powerful union in professional sports, why are player wages falling when team values ??are soaring? (Work Week)

• Millennial billionaire Ryan Breslow created Buzz and Enemies to attack Stripe and Shopify.He’s just started. Bolt’s Ryan Breslow took his fintech to the moon by promising Amazon-style checkout to millions of online retailers. Now, the newly-born billionaire is making a lot of noise — and powerful critics — to challenge the culture of the tech industry. In the face of widespread skepticism, Breslow, who has a valuation of $11 billion, is determined to prove that Bolt is more than a flash in the pan and that he is more than a lightning rod. (Forbes)

• It’s time for a net-zero construction boom Now, a combination of high technology and old-fashioned energy efficiency strategies can create carbon-neutral buildings. But America needs to pick up the pace. (city ??lab) see also As mortgage rates rise, homebuyers fear time is running out There is a growing sense of urgency to list properties before the housing market cools (Wall Street Journal)

• film credits: course? For some reason, our society associates credibility with the appearance of video formats endorsed by umbrella brands (i.e. broadcast networks) or millions of views/likes on a platform. (no mercy / no malice)

• Bear Crash: Andrei Soldatov on Russia’s Self-Destruction: “You can’t talk about coherent foreign policy when you have someone in the Kremlin who is completely delusional about what’s really going on in Ukraine.” (Octavian Report)

• How hobbies permeate American lives: Americans have a soft spot for “productive leisure.” Hobbies are not always desirable. Until about the 1880s, the term was used to refer to any kind of undivided attention, which could be positive, but also an obsessive-compulsive disorder, such as “riding a hobby horse.” The word evolved, and hobbies began to be understood as a wholesome, enriching form of leisure, and the most ethical way a person could spend their free time. (atlantic organization)

• How sewage could warn us of the next pandemic The ins and outs of wastewater monitoring. (sound)

• Why we can’t quit guitar soloing Guitar soloing can easily be dismissed as an outdated, macho institution. The broken lead guitar, once ubiquitous in rock music, now feels like a relic of a bygone era. Musical tropes are no longer a fixture of mainstream rock. In fact, most of this year’s Grammy-nominated rock song and performance categories* don’t even include guitar solos. But the emotional power of the form persists. Guitar solo is not dead. It has evolved and has appeared in some unexpected genres and places. (New York Times)

Be sure to check out our Master of Business interview This weekend with Bain Capital’s co-managing partner Jonathan LaVine and Bain Capital Credit’s Cheif Investment Officer. He is co-chair of the Columbia University Board of Regents.

VIX: 25 is the new 15

source: Kriti Gupta via Bloomberg

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