My easy like Sunday morning reads:
• John Hempton, the Aussie fraud-hunting short seller taunting billionaire investor Bill Ackman (Sydney Morning Herald)
• Turning Amazon’s Cloud Into a Hot Trade (Bloomberg)
• Why ‘Super Mario’ Gabelli Isn’t Sweating the Passive Trend (Institutional Investor)
• Why Are States So Strapped for Cash? There Are Two Big Reasons (Wall Street Journal)
• Anthony Scaramucci on Bannon and back-stabbing in DC (Financial Times)
• From crack cocaine to Mar-a-Lago: The unusual journey of the MyPillow man (Washington Post)
• Inside the Decade-Long Russian Campaign to Infiltrate the NRA and Help Elect Trump. (RollingStone)
• Stephen Malkmus, indie rock patron, on How to Be a Useful Human (Pitchfork)
• Why Trump went after Bezos: Two billionaires across a cultural divide (Washington Post) but see Trump Organization’s Web Store Collects Sales Tax in Only Two States (Wall Street Journal)
• What makes a tree a tree? Despite numerous studies and 30-plus genomes under their belts, scientists are still struggling to nail down the defining traits of these tall, long-lived, woody plants (Knowable)
Be sure to check out our Masters in Business interview this weekend with Matthew Kadnar, a member of GMO’s asset allocation team. Prior to joining GMO in 2004, he was an in-house counsel for LPL Financial Services.
Trump Tariffs Stick It to U.S. Manufacturers
Source: Bloomberg Gadfly
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