Thursday morning news drop
People Want To Work, They Just Don’t Want To Work For You When people treat those they’re hiring with distaste because they demand remote work, or say that people “don’t want to work,” it’s because they either lack self-awareness, either in how their business runs or how they conduct themselves. (Ed Zitron)
How the Stock Market Works If there were no risk, there would be no wonderful long term returns. And because there is risk involved when owning stocks, your returns can vary widely depending on when you invest in the stock market. (Wealth of Common Sense)
We Are All Investors Now Over the last few hundred years, and especially over the last half century, investing has evolved from something only done by the rich and powerful to something done by everyday people. And given how much access has expanded in recent years, the entire world is slowly being brought into the investment fold. We are all investors now. (Of Dollars And Data)
What Happened to Price-to-Book Ratio in Value Investing? Assets that are developed internally don’t appear on companies’ books and cause businesses to appear more expensive than they truly are. (Bloomberg)
Is the U.S. Economy Too Hot or Too Cold? Yes. The economy is a riddle, but clearly it’s having a harder time rebooting itself than had seemed possible in the spring. (Upshot)
The Bond Market Loves New Jersey. Yes, New Jersey. Now New Jersey is one of only seven states with an improving economy over the last 3 1/2 years, measured by employment, personal income, home prices, tax receipts, mortgage delinquencies and the equity of their companies. It’s the only one of those seven with perennial leadership in public education and health care. (Bloomberg)
Billboard’s U.S. Money Makers: The Top Paid Musicians of 2020 A year with minimal touring resulted in top-streaming acts, many of them hip-hop artists, replacing the rock and country acts that fill arena and stadiums on Billboard’s annual ranking. Taylor Swift tops the list. (Billboard)
The Truth About Facebook’s Anti-Vax Problem: The social media is company has improved how it handles misinformation, but it s users still see, share, and spread a lot of bad dope about Covid vaccines. (Slate)
Delta variant sweeps through states that dialed back health powers In Texas, where Covid hospitalizations are up 30 percent and deaths up 10 percent over the past week, Gov. Greg Abbott recently barred counties, cities and school districts from requiring masks.Delta variant sweeps through states that dialed back health powers In Texas, where Covid hospitalizations are up 30 percent and deaths up 10 percent over the past week, Gov. Greg Abbott recently barred counties, cities and school districts from requiring masks. (Politico)
How Boosted Went Bust An inside look at how the beloved electric skateboard startup fell apart (Verge)
The Fire That Forged Giannis Antetokounmpo In an exclusive excerpt from ‘Giannis: The Improbable Rise of an NBA MVP,’ Mirin Fader details the trials and tribulations that helped the Bucks star go from a baby-faced rookie to a superstar with a mean streak—and that scowl (Ringer)