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In case you are wondering who are the folks in America with the largest swaths of land, have a gander thanks to Dave Merrill, Devon Pendleton, Sophie Alexander, Jeremy CF Lin, and Andre Tartar at Bloomberg. Next, here is a country with some of the most sought after bonds on
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Economist - Silicon Valley's giants look more entrenched than ever before 8/10/19 FT - Bond buyers playing the long game notch up huge gains - Tommy Stubbington 8/11/19 When Austria sold a €3.5bn 100-year bond two years ago at a yield of just 2.1%
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Worthy Insights / Opinion Pieces / Advice A Wealth of Common Sense - Too Big To Be Simple? - Ben Carlson 6/19 * "…There is no such thing as too big to be simple." * "Problems arise when ultra-wealthy people assume the normal rules don't apply to them."
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Perspective FT - Anbang: the downfall of China's global dealmaker - Henny Sender and Don Weinland 5/13 * "The Wu Xiaohui who appeared in a Shanghai court in late March on fraud and embezzlement charges was a far cry from the man who rapidly turned a modest provincial car
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Worthy Insights / Opinion Pieces / Advice Economist - Faced with a housing crisis, California could further restrict supply 5/10 * "Rent control sounds appealing but is counter-productive." Economist - The meaning of the Vision Fund - Leaders 5/12 * "Succeed or fail, Masayoshi Son is changing the world of technology
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Worthy Insights / Opinion Pieces / Advice Bloomberg - Middle-Class Doldrums Don't Add Up to a Crisis - Noah Smith 5/9 * "The U.S. economy is back to normal again. Unemployment is low. Business investment is up. Wages are slowly rising. The traumatic memories of the Great Recession and
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If you were only to read one thing… Bloomberg - These Are the U.S. Cities With the Fastest-Growing Wealth Gaps - Vincent Del Giudice and Wei Lu 4/19 * "The analysis of Census Bureau data tracks the differences in annual income between household income groups. The rich versus poor
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If you were only to read one thing… FT - Venezuela's imploding economy sparks refugee crisis - Gideon Long and Andres Schipani 4/15 * "While the eyes of the world have been on the Syrian refugee crisis and the exodus of Rohingya Muslims from Myanmar, Venezuela’s humanitarian disaster
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Worthy Insights / Opinion Pieces / Advice NYT - Federal Budget Deficit Projected to Top $1 Trillion in 2020 - Thomas Kaplan 4/9 * "The federal government’s annual budget deficit is set to widen significantly in the next few years, topping $1 trillion in 2020 despite healthy economic growth, according to new
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Perspective The Verge - South Korean millennials are reeling from the Bitcoin bust - Rachel Premack 4/3 * "From the outside, the Korean economy appears to be flourishing: the country is home to major industry leaders such as Samsung, Hyundai, and Kia. It’s the 11th-largest economy in the world,
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Perspective FT - Naspers trims Tencent stake with $10bn share sale - Joseph Cotterill and Louise Lucas 3/22 * "Naspers, the South African media company that is one of the biggest shareholders in Tencent, said that it would sell down part of its stake in the Chinese technology giant for the
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Happy Valentine's Day! Worthy Insights / Opinion Pieces / Advice The Atlantic - How Humans Sank New Orleans - Richard Campanella 2/6 Economist - The roots of hyperinflation - J.O's 2/12 * "Fifty-seven cases of runaway inflation have been documented. They have common patterns." * "In a