10 Wednesday morning reading-big picture


It says on my midweek morning train:

Mutual funds that eat up Wall Street-based on little-known indexes Vanguard’s Total Stock Market Fund has total assets of US$1.3 trillion, and it is a market in itself—backed by a humble index called CRSP.Wall Street Journal)

Is the correction over? Yeah? Taking into account last week’s low, the S&P 500 index fell only 5.2% from high to low. Considering last week’s low, the market is still up 21% year-to-date, so it feels absurd to ask. But given the sharp rebound in the stock market, S&P 500 index futures are currently less than 2% below their historical highs, so this is a reasonable question. (Irrelevant investor)

Let’s be realistic: the US rescue plan is the best economic policy in 40 years It has been almost a year and a half since the recovery from the Covid recession, and the success of financial relief is indisputable. Not so, after the Great Financial Crisis-it is far from enough. Blame Larry Summers. (Home Macro)

Cities where the house price is higher than the asking price Although the hot real estate market has shown some signs of cooling during the transition to the traditionally slow autumn and winter seasons, the market is still very competitive for home buyers. (porch)

Dark store with a brand value of billions of dollars Instant grocery delivery is a steroid field. But how do brands stand out in a super-saturated market? (Bloomberg)

The Amazon Empire Strikes Back: Amazon is one of the best ways to deliver your products to customers. The point is that this capability is not due to last-minute ship leases or aircraft leasing, but the investments and initiatives that Amazon made many years ago. (strategy)

One of the most unusual cybersecurity stories of the year has become more and more complex The FBI announced in June that it had created its own company, ANOM, to sell devices with pre-installed encrypted messaging applications to criminals. The ANOM application is advertised as providing end-to-end encrypted messages, comparable to the security provided by services such as Signal, WhatsApp, and iMessage, but in reality, these messages may be intercepted by law enforcement agencies, and the law enforcement agencies do exactly that. The purpose of the design. (slate)

Lesson 43 Karma is a very fair law, just like the law of gravity, treating everyone equally. The law of karma puts a person at the center of responsibility for everything he or she does and everything he or she does. Just as Brihadaranyaka Upanishad sums it up so beautifully, it all starts with our desires and ends with our behaviors. These behaviors are sometimes immediately fed back to us, but usually there is a period of lag. (Safar Nivisak)

Why insects are more sensitive than they seem: For decades, the idea that insects have emotions has been considered a heretical joke-but as evidence accumulates, scientists are quickly reconsidering. (British Broadcasting Corporation)

“I can’t help but burst into tears”: 13 songwriters’ feelings while watching the New Beatles documentary We interviewed more than a dozen composers to learn about their reactions to the iconic quartet series. McCartney wrote in a few minutes the viral moment of “return” to the backbone, and how to make a song that is sometimes smooth and sometimes The arduous process. First place. This is what they have to say. (Washington post)

Be sure to check our Master of Business interview This weekend with John Doerr of Kleiner Perkins. Doerrr supports some of the most successful technology startups, including Compaq, Netscape, Symantec, Sun Microsystems, Amazon.com, Intuit, Macromedia, and Google.He is also the author of a best-selling book Measure the important things; His latest book is Speed ??and scale: an action plan to immediately resolve the climate crisis.

U.S. pension funds have increased from 72% in 2012 to approximately 100% today. The annual rate of return on credit is 16.5%

Source: Jim Reid, Deutsche Bank

Sign up for our read-only mailing list here.

Print friendly, PDF and email



Source link