The weekend is right here! Pour your self a mug of espresso, seize a seat exterior, and prepare for our longer-form weekend reads:
• The Gambler Who Beat Roulette: For many years, casinos scoffed as mathematicians and physicists devised elaborate methods to take down the home. Then an unassuming Croatian’s profitable technique eternally modified the sport. (Businessweek)
• Tim Prepare dinner on Shaping the Way forward for Apple: As Apple CEO, he has defied his skeptics and refashioned the world’s most artistic firm on his personal exacting phrases. Now, in a frank dialog, he provides new perception into his management—explaining why he sees himself as an outsider, how he asserts Apple’s values, and what he does to maintain from observing his iPhone all day. (GQ)
• What Occurred When Uber’s CEO Began Driving for Uber: Dara Khosrowshahi and different executives realized drivers’ complaints had been legitimate. They revamped the app, serving to Uber appeal to employees and prolong its lead on Lyft. Driver pay stays a sticking level. (Wall Road Journal)
• How Fox Chased Its Viewers Down the Rabbit Gap: Rupert Murdoch constructed an empire by giving viewers precisely what they needed. However what they needed — election lies and riot — put that empire (and the nation) in peril. (New York Occasions)
• How the Panama Papers rocked popular culture: Band names, dozens of music titles, a racehorse and even cigarette rolling papers. Seven years on, the ICIJ-led reporting collaboration that sparked a world political earthquake continues to point out up in shocking methods. (Worldwide Consortium of Investigative Journalists)
• Scaramucci’s SkyBridge Capital Was Spiraling, and Then Got here FTX: The hedge fund’s dangerous crypto bets—and a reputational hit from its partnership with Sam Bankman-Fried—have buyers searching for the exit. (Bloomberg)
• Venice Is Saved! Woe Is Venice. After centuries of flooding, Venice has in the end raised seawalls to avoid wasting itself from excessive water. (New York Occasions)
• Three deserted youngsters, two lacking mother and father and a 40-year thriller: Elvira and her brothers, Ricard and Ramón, had been left at a prepare station in Barcelona aged two, 4 and 5. As an grownup, when Elvira determined to search for her mother and father, she found a household historical past wilder than something she had imagined. (The Guardian)
• And So It Begins: On the First Fees to Drop Towards Former President Donald Trump: It alleges critical misconduct: plotting to pay hush cash to a number of folks to keep away from electoral penalties and falsifying paperwork to cowl it up. (Lawfare)
• Can cosmology untangle the universe’s most elusive mysteries? From the Large Bang to darkish power, data of the cosmos has sped up previously century — however huge questions linger. (Knowable)
You’ll want to take a look at our Masters in Enterprise subsequent week with Aswath Damodaran, Professor of Finance at New York College’s Stern College of Enterprise. Often known as the Dean of Valuation, he teaches Company Finance and Valuation to the MBA college students at Stern the place he has been voted “Professor of the Yr” by the graduating M.B.A. class 9 instances. His textbook “Funding Valuation” is the usual within the discipline. His subsequent e book comes out in December, and is titled The Company Lifecycle: Enterprise, Funding, and Administration Implications.
Largest 200 state-controlled Sovereign Wealth and Public Pension Funds ($bn)
Supply: Flourish
