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Issue 382 – 06/26/2020

This week’s highlights: Losing Control of the Epidemic, Losing a Billion, and Legalization


Photo by Adam Nieścioruk on Unsplash
Wear a Mask, Don’t Go to Bars…

Issue 382

by David Wells – Nashville TN

Happy Friday –
 
Best,
 
David

 


Food for Thought


Business

  1. II – How to Lose a Billion Dollars Without Really Trying Volatility trades — which have caused major losses at hedge and pension funds alike — are the toxic subprime mortgages of the Covid Crash.
  2. Forbes – A Wall Street Tycoon’s Plan to Get Americans Off the Highway – And On His Trains
  3. Marker – Unicorns are Out, Profits are In  Why a new approach to venture capital is powering more sustainable startups — and funding more diverse founders
  4. Verge – Apple approves Hey email app, but the fight’s not over

Culture/Tech/Science:

  1. CNN – Why more states could legalize cannabis in 2021 A few people have heard me get on this soapbox – but if state tax revenues continue to come in low – legalization is an easy way to generate tax revenue on commerce that is already happening…
  2. MarginalRev – The new economics of chess
  3. BBC – Unsubscribe: The $0-budget movie that ‘topped the US box office’

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