Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how the sports betting industry moved across the country.
Quote of the Day
"You can't think well without writing well, and you can't write well without reading well."
(Paul Graham)
Books
- An excerpt from "G-Man: J. Edgar Hoover and the Making of the American Century" by Beverly Gage. (theatlantic.com)
- A Q&A with Nick Hornby about his new book "Dickens and Prince: A Particular Kind of Genius." (observer.com)
- An excerpt from "Unreasonable Hospitality: The Remarkable Power of Giving People More Than They Expect" by Will Guidara. (insidehook.com)
Finance
- Why indexing works. (evidenceinvestor.com)
- How did pro sports teams become such a sought after investment? (theringer.com)
- Getting vs. staying wealthy, an except from "The Psychology of Money" by Morgan Housel. (collabfund.com)
Business
- The American economy runs on cardboard. (nytimes.com)
- The implicit pact between ski resorts and their workers is irretrievably broken. (outsideonline.com)
- What has happened as hospice care has gone for-profit. (newyorker.com)
- The Gaines' Magnolia brand just keeps growing. (variety.com)
Longreads
- Why everyone should be paying more attention to India. (srajagopalan.substack.com)
- Why the U.S. continues to build, and re-build, homes in floodplains. (politico.com)
- Nothing magical happens to your brain when you turn 25 years old. (slate.com)
- Scotland is making the shift from the hunt for oil to harnessing wind, creating jobs along the way. (nytimes.com)
- The UK is struggling with the ill-effects of widespread online gambling. (bloomberg.com)
- How the Netherlands became a food export powerhouse. (wapo.st)