Friday morning news drop
Will the magic of psychedelics transform psychiatry? Psychedelics have come a long way since their hallucinogenic hippy heyday. Research shows that they could alleviate PTSD, depression and addiction. So will we all soon be treated with magic mushrooms and MDMA? (The Guardian)
The Billion Dollar Question Why can’t the military fix its violence against women problem? Congress is on the precipice of ushering in the biggest shift in military policy since the repeal of Don’t Ask, Don’t Tell. But would it have saved 21-year-old airman Natasha Aposhian? (Elle)
Brookfield CEO says private credit is replacing fixed income for investors Brookfield CEO Bruce Flatt says the growing world of private lending is replacing traditional fixed-income investments as the asset category of choice for investors looking for returns in a low-interest-rate world. (Globe and Mail)
Which Asset Classes Perform Best During Inflation? To start, let’s look at the inflation-adjusted (“real”) annual returns of nine different asset classes from 1976-2019 (the data comes from BullionVault). Note that I capped all real returns at 20% (-20%) so that we could better visualize the performance behavior of these different asset classes: (Of Dollars And Data)
Hunt for Hottest Tickers Creates a New Gray Market on Wall Street Strong fund names have been shown to boost trading in U.S. stocks, and the day-trader invasion is making them key to new ETF success (Bloomberg)
Tesla Had 5 Founders. Why Did Only Two Get Really Rich? One is Elon Musk (duh), and the other is JB Straubel. But there were three more—and there’s a cautionary tale in why they aren’t billionaires too. (Forbes)
Canada's unhinged housing market, captured in one chart Canada’s rate of housing prices increase has given rise to a new economic term to describe the market: ‘shelter inflation' (National Post)
Videos of the Week
Connor McDavid Scores the Goal of the Year 🔥 The greatest hockey player of this generation never ceases to amaze.
Dustbox Dreamcastle With one collective obsession, and the bonds of friendship at our side, we have created a snapshot of the feeling that we hold oh so dear to us, and now offer to you. This crew is the future of snowboarding.
A Basils Video Pt.3 - Liam Baylis A mountain bike video that showcases some of my favourite sessions with my buddies in 2021. Cheers to the homies for filming and for being dope!
Inbound - Brendan Howey x Rupert Walker: Inbound showcases Brendan Howey’s impeccable riding style and Rupert Walker’s intricate cuts and attention to detail.
Markus Eder's The Ultimate Run - The Most Insane Ski Run Ever Imagine Sometimes my mind goes kind of crazy about skiing and I ask myself, what if...?” - Markus Eder What if you could link every powder turn, every rail, every cliff drop, every comp run and every kicker nailed into one ultimate run? Well, Markus Eder did just that in ‘The Ultimate Run’!. This is Markus’ Opus Magnum, a medley of face shots, massive tricks and even bigger drops, which was documented by Innsbruck based production company Legs of Steel over the past two years. Markus has been visualizing the ultimate run since 2015. It may look like a simple undertaking in the final edit, but for arguably the most versatile skier on the planet, it meant taking his skill levels in every form and style of contemporary freeskiing to the next level.
Mark Suciu's "Curve" Habitat Part Hot on the heels of his Blue Dog part, Mark sets his sights on the Rust Belt's crusty spots and overlooked streets. That ender’s a killer combo.