My end of week morning train reads:
• Legalize It All: How to win the war on drugs (Harper’s Magazine)
• The Real Story of Supreme: How an upstart NYC skate brand changed fashion forever. (GQ)
• Universal Laws of the World (Collaborative Fund)
• The Tricky Math of Selling Furnished Homes (Bloomberg)
• Families Go Deep in Debt to Stay in the Middle Class. Wages stalled but costs haven’t (Wall Street Journal) see also America’s DIY Phone Farmers: Ordinary Americans are using armies of phones to generate cash to buy food, diapers, and beer through ad fraud. (Vice)
• PredictIt Owns the Market for 2020 Presidential Election Betting (Businessweek)
• How the sound in your home affects your mood (BBC)
• 44 years. 41 Allegations. How the past caught up to a former Olympian. (ESPN) see also Olympic Organizations And The FBI Knew Larry Nassar Was Abusing Young Gymnasts But Didn’t Do Anything For Over A Year (Buzzfeed)
• Own an Original James Bond Aston Martin DB5 (Worth)
• The Man Who Devised the Formula to Find NFL Stars (Wall Street Journal)
Be sure to check out our Masters in Business interview this weekend with Rajiv Jain, Chairman and Chief Investment Officer of GQG Partners, with $24 billion in AUM. Jain was 2012 Morningstar International Manager of the Year.
Why Macro Matters
Source: Ned Davis Research Group