The weekend is here! Pour a mug of Peabody organic coffee, sit by the window and get ready for our longer weekend readings:
• The market is wrong, bro: Stocks are rising, stocks are falling and bias confirms. The market is wrong. It’s just a market. The only thing “right” or “wrong” is how we react to the market. Be careful not to expect profitable price movements to confirm your expectations, and do not dismiss any decline as an irrational market. (Young money)
• A Turkish drone that changed the nature of warfare: Bayraktar TB2 brought the possibility of accurate air strikes on Ukraine and other countries. It is also a diplomatic tool for Turkey’s rise. (New Yorker)
• Fixer Elona Muska quietly takes care of the world’s greatest wealth: Jared Birchall is the right hander to do everything from negotiating funding on Twitter to digging up dirt on opponents. (Bloomberg)
• On the Japanese front lines: For millions of Japanese, the confrontation between the US and China is already a reality. Japan is at the forefront of the US-China conflict (Businessweek)
• A legend about shoes that destroys the bronchi, beats cows and resists death, O’Neal He pushes the 90s and still sits on the Four Sixes Ranch. Just don’t call him “the last cowboy.” (Texas Monthly)
• About those killed Ukrainian tractors: What John Deere has done to Russian robbers can be done by anyone to farmers, anywhere. (Medium)
• When animals drop their wings: Working ants can flutter their wings – but no. The queen’s ants and termites will destroy theirs after mating. Many island birds develop into flightless ones. Can Evolution Explain Why (Quillette)
• The secret that Ed Koch carried For many New Yorkers, he was their cheeky and husky mayor. But friends now describe a private burden borne by a public man who tried to hide his sexual orientation. (Note for non-New Yorkers: It wasn’t a well-kept secret in NY in the 1980s) (New York Times)
• Mechanical watches: In the world of modern portable devices, it may be hard to believe that mechanical watches were the most convenient way of tracking time decades ago. Unlike their quartz and smart siblings, mechanical watches can run without the use of batteries or other electronic components. (Bartosz Ciechanowski)
• Wings, sweat and tears For stars like Kevin Hart, Idris Elba and Lorde, consuming spicy wings is the key to relability. (Eater)
Don’t forget to check out our Masters in Business with Boaz Weinstein from Saba Capital next week. The hedge fund specializes in Credit Default swaps, Tail Protection and volatility trading. Saba is one of the 5 largest investors in SPAC. Weinstein was previously Co-Director of Global Credit Trading at Deutsche Bank and a member of the Executive Committee for Global Markets. Weinstein became infamous as a businessman on the other side of the London whale trade against JPM, which lost $ 2 billion in the bank and made Saba 100 million in profits.
Experts say the numbers show the importance of boosters – and the risks that the most vulnerable still face
Source: Washington Post
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