My weekend morning
the train WFH reads:
• Holes in the recession story. With rising inflation and a new war in Europe, the first half of 2022 was understandably bleak for economies and financial markets around the world. But recent developments give some hope that the prevailing pessimism is no longer as certain as it was a few months ago. (Project Syndicate)
• This year, the boss is in the office while the employees hit the beach: Managers are trading their ocean views at vacation homes for a sea of empty desks, hoping to lure workers back to the office; ‘It’s quite lonely.’ (Wall Street Journal) But see also If the job market is so good, why is gig work thriving? Traditional employment opportunities abound, but online platforms still have appeal — for flexibility or extra income. (New York Times)
• Mercedes and Ferrari’s Edge in the Electric Age: High-End Motors: Axial motors are smaller, lighter, more efficient and open up all sorts of possibilities for future performance cars They will be important for brands like AMG and Ferrari as they compete to electrify high-performance cars that garner prestige and bumper profits. (Bloomberg)
• Wait, when did everyone start using Apple Pay? It took longer than expected for the iPhone to turn into a wallet. But Apple’s patience is slowly running out. (Wall Street Journal)
• China is beating the United States in clean energy. Can America catch up? Five chart runs. China is the world’s biggest polluter – but also the biggest investor in clean energy. (grid)
• Can a zebra change its stripes? Silicon Valley Confused by Marc Andreessen’s Decision to Back Adam Newman’s New Startup Flow (Newcomer)
• Hard truths that will change your life Whether we admit it or not, we spend a good portion of our lives shielding ourselves from reality. At some level of ecstasy, we are acutely aware that reality is not always the happy, fair, flowery world we like to believe we live in. So we make a subconscious decision to avoid it. We take the proverbial “blue pill” and continue on our merry way. (Sahil Bloom)
• Road to war: The US struggled to convince allies, and Zelensky, of the risk of invasion: While marshaling Mili’s troops on an October morning, he and others summarized Putin’s intentions. “We assess that they are planning to launch a significant strategic attack on Ukraine from multiple directions simultaneously,” Milley told the president. “Their Version of ‘Shock and Awe.'” (Washington Post)
• McLovin’ It: An Oral History of the ‘Superbud’ 15 years later, Seth Rogen, Evan Goldberg, Jonah Hill, Michael Cera, Emma Stone, Christopher Mintz-Plus, Bill Hader and more remember making the original teen comedy. (Vanity Fair)
Be sure to check out our Masters in Business interview with Bill Browder, founder of Hermitage Capital Management and author of this weekend. Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice And Freezing Order: A True Story of Money Laundering, Murder, and Surviving Vladimir Putin’s Wrath.
TikTok is a top online platform for US teens; Facebook has suffered a massive decline
Source: Pew Research
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