“Scary easy. Sketchy as hell.”: How startups are pushing Adderall on TikTok: A telehealth company called Done wants Gen Z’s attention. (Vox)
A Rare Peek Inside the Vast Right-Wing Conspiracy: The Council for National Policy, a secretive network of powerful conservatives, goes to great lengths to conceal its activities and even its members. But recently uncovered documents reveal the extent of the group’s influence on American politics. (New Republic)
Cyber slavery: inside Cambodia’s online scam gangs. Illicit industry traffics thousands of victims from China through Southeast Asia (Nikkei)
Yes, it’s a scam: Simple tips to help you spot online fraud Here’s how to protect your family members and yourself from scams. (Washington Post)
Mothers Are Dying From Treatable Mental Health Conditions; Advocates spotlight an overlooked cause of maternal mortality: The national conversation around maternal mortality has served to spotlight preventable physical complications, but it often overlooks a leading cause of pregnancy-related deaths – conditions linked to behavioral health. (Cronkite News)
The Illusion of Knowledge: I’ve been expressing my disregard for forecasts for almost as long as I’ve been writing my memos, starting with The Value of Predictions, or Where’d All This Rain Come From in February 1993. Over the years since then, I’ve explained at length why I’m not interested in forecasts – a few of my favorite quotes echoing my disdain head the sections below – but I’ve never devoted a memo to explaining why making helpful macro forecasts is so difficult. So here it is. (Oaktree Capital)
Most pros can’t beat the market: It continues to be incredibly difficult to generate returns in the stock market that beat (or outperform) a passively managed fund tracking the S&P 500. According to S&P Dow Jones Indices (SPDJI), 51.2% of U.S. large-cap equity fund managers underperformed the S&P 500 during the first half of 2022 — despite the fact that the S&P itself fell into a bear market during that period. (TKer)
Market Share: Understanding Competitive Advantage Through Market Power “There is no more important proposition in economic theory than that, under competition, the rate of return on investment tends toward equality in all industries. (Morgan Stanley)
We Spoke With the Last Person Standing in the Floppy Disk Business Turns out the obsolete floppy is way more in demand than you’d expect. (AIGA Eye On Design)
Coming Into Focus: Once thought to primarily affect overstimulated boys, ADHD diagnoses have spiked among adult women. For one writer, coming to terms with her diagnosis later in life has put her past and family history in a new light. (Harpers Bazaar)
Roger Federer is retiring from tennis — but his mark on the sport is indelible: To understand Roger Federer is to capture sports harmony. He talks about his strategy of fire and ice: combining the burning desire to succeed and the coolness to keep his composure. His career has been a tale of mind and body working together like clockwork, to create an aesthetically delightful state of tennis — and also a method which has led to incredible success. (ESPN) see also Roger Federer as Religious Experience: (Published 2006) (New York Times)