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“What do you get when you combine multiple anecdotes? Not Data.”
– Kudos to JF
Food for Thought:
- WSJ – 1776: Would You Like to Reconsider? There’s a competition in the world between state corporatism and democracy, and the American political system needs to shape up or lose.
- FS – Breaking the Rules: Moneyball Edition. The Oakland A’s did everything right, they had examined the issues, they tried to figure out those areas which would most benefit from a set of simple rules and they had implemented them. The problem was, they were easy rules to copy.
- NYT – The Secret Lives of Hotel Doormen – Credit TP – If the entrance of a hotel is its own sort of stage, then few actors have commanded one quite like Gary Sykes, head doorman at the Thompson Chicago.
- Medium – Here’s my secret weapon: I read
- ESPN – How did the Cubs’ curse end? With the greatest game ever – If you didn’t watch, you missed out Wednesday night.
- HBR – What You Can Learn from Family Business. Our results show that during good economic times, family-run companies don’t earn as much money as companies with a more dispersed ownership structure. But when the economy slumps, family firms far outshine their peers. And when we looked across business cycles from 1997 to 2009, we found that the average long-term financial performance was higher for family businesses than for nonfamily businesses in every country we examined.
- Fortune – Inside Billionaire Steve Cohen’s Comeback. In 2013, an insider-trading scandal brought down his hugely successful hedge fund. In his first interview about the firm since then, Cohen tells Fortune how he’s rebuilding for redemption.
- Economist – Rebooting – Credit DH – Both revered and reviled, Goldman Sachs struggles to stay relevant
- WSJ – Is Your Mutual Fund Hiding in the Closet?
- Stratechery – Apple Should Buy Netflix
- BI – We put Siri, Alexa, Google Assistant, and Cortana through a marathon of tests to see who’s winning the virtual assistant race
- Verge – The future of PCs and Macs is expensive
- BI – Yale professor says that older ‘pudgy’ dads live longer and make better fathers
- NYT – Is New York Too Expensive for Restaurateurs? We Do the Math
- Fortune – Lin-Manuel Miranda Thought ‘Hamilton’ Would Only Appeal to History Teachers