10 Weekend Reading – The Big Picture

The weekend is here! Pour yourself a mug of Dan9ish Blend coffee, get a comfy om bed and get ready for our still-covid-positive, long-form weekend read:

Was Jack Welch the greatest CEO of his day—or the worst? As head of General Electric, he fired large numbers of people and turned the manufacturer into a financial house of cards. Why was he so revered? (The New Yorker)

smell of taste: We now understand the anatomy of the nose and mouth. From the back of the mouth to the nose is a groove called the retronasal space. When we swallow, volatile substances from food in the mouth are forced up the nose through the retronasal space. Realizing that impermanence gives us flavor. If you plug your nose, airflow cannot pass through the retronasal space and taste is blocked. (guess)

Twitter is cigarettes: British historian Arnold Toynbee concluded in his twelve-volume “A Study of History” that “civilization dies by suicide, not by murder.” (reform broker)

How online crowds act like flocks of birds: A growing body of research suggests that human behavior on social media is strikingly similar to collective behavior in nature. (Noema)

Election annulment case: They may appear to be cornerstones of democracy, but in reality they do little to promote it. There is a better way to empower ordinary citizens: democracy through lotteries. (Boston Review)

Taiwan prepares for invasion: If China wants to do something drastic, President Tsai Ing-wen told me, “Xi has to weigh the costs. He should think twice.” (Atlantic)

Best invention of 2022: 200 Inventions Changed How We Live. (time)

The Supreme Court lost to Republicans in the midterm elections: A leading Democratic data analyst explains what happened in 2022 — and why abortion proved to be the defining issue. (Vox)

Michigan’s Biff Poggi, Jim Harbaugh’s mentor, is the most interesting person in coaching: It started with Harbaugh hiring a more energetic staff in 2021 with six new assistants. But ask people inside the program, and they’ll point to one employee arrival in particular. He’s a guy that even the most die-hard fans won’t recognize. His name is Biff. He’s 62, and he might be the most interesting man in coaching right now. “I think Biff’s presence is huge,” Baltimore Ravens defensive coordinator Mike McDonald said. He’s really the only guy (Harbaugh) is willing to stick it out with. (athletic)

Lizzo is here to talk about everything—that flute, that lyric, her man, and more: Emmy- and Grammy-winning superstar flautist Vanity Fair offers insight into her art and nuances of positivity. (Vanity Fair)

Be sure to check out our Masters in Business interview this weekend with VettaFi’s financial futurist Dave Nadig. The ETF industry pioneer has over 25 years of ETF experience. As Managing Director of ETF.com, he was a key participant in the growth of the passive and ETF industries. Prior to this, he was Managing Director of Barclays Global Investors. He is the co-author of the definitive book on ETFs, “A comprehensive guide to exchange-traded funds,” for CFA Institute.

2022 Fixed-Rate, 30-Year Mortgage Rates Look Much Like 1981

Source: Lane pine

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To know how these readings stack up each day, see this.

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