10 Wednesday AM Reads

My midweek morning train reads:

• DE Shaw: inside Manhattan’s ‘Silicon Valley’ hedge fund (Financial Times)
• Multiples Are Not Valuation (Irrelevant Investor) see also Are Valuations Irrelevant? (RAFI)
• Does Smart Beta Deliver Superior Performance? (CIO)
• Airbnb Has a Hidden-Camera Problem (Atlantic)
• Physics Is Pointing Inexorably to Mind (Scientific American)

What are you reading?

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