What I read this week...
Third Point/Disney, California megastorm, record arrests at the border, and the story of Three Arrows Capital
What I read this week…
Third Point accumulates position in The Walt Disney Company (Business Wire)
How Instagram’s TikTok envy finally backfired (The Information)
The crypto geniuses who vaporized a trillion dollars (NY Mag)
India’s Razorpay buys Ezetap to tap into offline payments (Reuters)
Saudi Aramco profit surges 90% in second quarter amid energy price boom (CNBC)
New water cuts coming for Southwest as Colorado River falls into Tier 2 shortage (CNN)
Contemplating a world of linear growth (Noahpinion)
PBOC surprise suggests China’s outlook is truly dire (Bloomberg)
Record numbers of migrants arrested at southern border, with 2 million annual total in sight (WSJ)
Why are border smugglers trafficking bologna? (Texas Monthly)
What should a nine-thousand-pound electric vehicle sound like? (The New Yorker)
ayo chamangth you didnt read the bloomberg smear campaign against you? come on man. i invested in you because i thought uuuu were TUFF
Thanks for sharing Chamath, reading what you are interested in is very insightful. Would you like to share what books are you reading too? :)