The weekend is right here! Pour your self a mug of espresso, seize a seat by the window, and prepare for our longer-form weekend reads:
• Within the Struggle Towards Russia, Some Ukrainians Carry AK-47s. Andrey Liscovich Carries a Buying Record: Kyiv enlisted a Silicon Valley insider to hurry consumer-grade tech onto the battlefield. He’s giving a demo of the way forward for conflict: the military-retail complicated. (Wired)
• The Wager That Betting Can Change the World: A coterie of tech insiders consider that “prediction markets” can repair social ills. Are they proper? (New York Occasions)
• Synthetic Common Intelligence Is Already Right here: Immediately’s most superior AI fashions have many flaws, however many years from now, they are going to be acknowledged as the primary true examples of synthetic normal intelligence. (NOEMA)
• Has Bob Iger Misplaced the Magic? Disney’s legendary CEO got here out of retirement to avoid wasting the corporate—proper in time for its one hundredth birthday. Nothing has gone his means. (Businessweek) see additionally Disney Goes All In On Sports activities Betting: After years of inner debate, the leisure large did a take care of a playing firm and can launch an ESPN betting app subsequent month. Can it draw a much bigger sports activities crowd with out alienating Mickey’s followers? (Wall Road Journal)
• Servants appear out of contact. Enter the billionaire’s battalion of consultants: The rich are using a military of area of interest specialists — from shamans to hospitality administrators — to optimize their lives within the identify of self-improvement. (Washington Publish)
• I Acquired Paid to Spy on Individuals Whereas They Labored: The job was Thriller Shopper, a part of a shadowy $1.5 billion business. The non-public value was insufferable. (Esquire)
• Finance as alchemy: Finance fraud is just not a deviation from an basically rational system however a window onto the reality-distortion of markets. (Aeon)
• ‘Individuals are happier in a walkable neighbourhood’: the US city that banned automobiles: For the primary piece in our new collection the alternate options we go to a group with out automobiles within the desert of Tempe, Arizona. (The Guardian)
• Who Killed the Fudge King? How I (presumably) solved a chilly case on my summer time trip. (Atavist)
• My Delirious Journey to the Coronary heart of Swiftiedom: Taylor Swift’s best reward is for telling her personal story — higher than any journalist may. However Taffy Brodesser-Akner provides it a shot anyway. (New York Occasions)
You’ll want to take a look at our Masters in Enterprise this week with Graeme Forster, a director at Orbis Holdings Ltd., which has $51 billion in belongings underneath administration. Orbis deploys a distinctive price association, the place they’re solely paid a price after they outperform their benchmark and refund charges to purchasers after they underperform. The Orbis World Fairness is their flagship fund, accounting for 67% of their belongings, and has compounded at 11% yearly, outperforming its benchmark since its 1990 inception.
The New Kings of Wall Road Aren’t Banks. Personal Funds Gasoline Company America.
Supply: Wall Road Journal