10 Weekend Reading-Big Picture


The weekend is here! Pour yourself a cup of Danish blend coffee, sit down in the warm sun, and get ready for our long weekend reading:

The inside story of Pfizer Vaccine: “A once-in-a-lifetime windfall” The American drugmaker lags behind the drug and set a single-year sales record. Pfizer predicts that sales of the vaccine will reach 36 billion U.S. dollars in 2021, at least twice that of its closest competitor, Moderna. Pfizer’s ability to significantly expand production has made it the most important vaccine manufacturer to date. In October, Pfizer’s Covid vaccine had 80% market share in the EU and 74% in the United States. This American company now dominates the Covid jab market. But does this give it too much power? (Financial Times)

Misreading inflation why we should make mistakes in inaction-and why we won’t. Indisputably, all other factors remain the same, and inflation is unfavorable. It erodes the true value of currency and reduces purchasing power. The same money buys less things than before, including food and shelter. But all other factors are not constant. “Nominal” value (for example, the dollar cost of an item) is less important than “actual” value (for example, actual purchasing power). (Boston Review)

The birds are not real, or are they? Inside the Gen Z conspiracy theoryThese events are all related to a conspiracy theory promoted by Generation Z, which assumes that birds do not exist, but is actually a replica of a drone installed by the U.S. government to monitor Americans. Hundreds of thousands of young people joined the movement, wearing T-shirts that are not real birds, flocking to spread slogans. Peter McIndoe, the 23-year-old creator of the viral “Birds Are Not Real” movement, is ready to reveal the true meaning of this effort. (New York Times)

From memes to $47 million: ConstitutionDAO, cryptocurrency, and the future of crowdfunding It started as a joke on Twitter and later became a very real bid for a copy of the U.S. Constitution in an auction. It was a great experience to see and use the power of the Internet in just one week of trying to achieve this goal. The real constitution is our friend along the way (edge)

Jim Belushi left Hollywood to grow marijuana and heal his soul: This iconic comedian and sitcom dad wants to save us all-a damp, wonderful, annoying trip. (Men’s health)

Is there a genetic link to being a very good boy? Guide dogs need the right personality, health and training. Scientists are studying the genetics behind the traits that make dogs suitable for work. (wired)

He voted for impeachment. Can he survive in the Republican Party?Peter Meyer’s Political Education After January 6, Peter Meijer thought he could help lead the Republican Party away from the abyss. Now he laughed at his innocence. (Atlantic Organization) You can also take a look In Trump’s search for “disloyal” Republicans Importance: If most or all of Trump’s candidates win, he will enter the 2024 election cycle, and more people are willing to participate in his bidding for elections in key states. (Aksios)

Love lie: Steven Glass is the most notorious liar in the press. He decided to follow a simple rule: always tell the truth. Then he broke that rule (air mail)

Stretch Armstrong’s pleasant and destructive oral history Not every toy is suitable for passing on to your child. Although some dolls and dolls can stand the test of time if properly maintained, others are destined to be melted, exploded or intimidated until their mysterious internal organs leak out of the body. This is the case with Stretch Armstrong. (Mel)

“Who the fuck cares about Adam McKay?” (We do this, and for good reason) From his comedy roots to his breakup with Will Ferrell, to the sun itself, the director of “Don’t Look Up” will weigh everything under the sun. It would be great if we let him write his own lede. Adam McKay’s introduction to Adam McKay should start to have his own ideas. “I would say,” suggested the screenwriter and director of “Anchor,” “Night of Talladega,” and “Big Short”, “‘Adam McKay believes that the image of the individual has destroyed the United States.'” (Vanity Fair)

Be sure to check our Master of Business interview This weekend with a former Wall Street Journal reporter (now the New York Times) and co-author (with Elliott Brown) this book”Adoration of us: WeWork, Adam Neumann and the great entrepreneurial illusion. “

When stock-bond diversification fails

source: AQR

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