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Sunday, January 31

Things from my Newsblur; 2021 Part 1

To borrow liberally from something I read this week; it doesn’t really feel like 2021 has started yet, so welcome to Day 397 of 2020!   Hopefully, the real 2021 will stand up and be a little calmer than the start!

The Wall Street Insurgency
This is the MUST READ for folks in Finance, or just curious about WallStreetBets and events of the last fortnight.  There has been a lot of debate in financial circles about the short squeezes in GameStop and other names, and why it’s happened.  Spoiler alert: it has little to do with finance, and is an expression of much broader trends. (Radigan Carter)

 

The Incredible Story of the Great Cannonball Run Boom
How quickly could you drive from New York's Red Ball Garage to the Portofino Hotel in LA? That, is the Cannonball Run!  One of the few good things about the COVID-19 pandemic is the limited number of cars on the road.   For some enterprising folks this meant the perfect scenario to try for the Cannonball Run record.   Last year saw the record fall numerous times and tumble to 25 hours and 39mins.  For all you budding racers out there, that's a 110mph average speed driving coast to coast! (Alex Palmer, GQ) 

 

India Stack: The Art of Digital Alchemy
India is known for many things though speed and efficiency are not amongst them!   Yet, it has one of the most advanced and successfully financial technology stacks in the world.  This is a fine deeper look into India Stack – coordinated technologies that promise to help governments, businesses and the people.  Hopefully, it lives up to its early promises…(The Emissary)  

 

The Rise and Fall of Vanilla Ice
Folks of OM’s generation will remember “Ice Ice Baby”, which became the first rap song to top the Billboard Hot 100!  Vanilla Ice’s rise and fall was dramatic, and here it is in his own words…(Jeff Weiss, The Ringer) 

 

The Donut King who went full circle – from rags to riches, twice!
The story of Ted Ngoy who came to the US as a Cambodian refugee and built a fortune running donut shops in California. However, after starting to gamble he lost it all – the donut shops and his family.   After scuffling around rock bottom for a number of years, he managed to turn himself into a multi-millionaire back in Cambodia.  Quite the wild ride!  (Vibeke Venema, BBC) 

 

Did the Coronavirus Escape from a Lab
A year ago it was a crazy conspiracy.  The lack of information and clarity since, means it’s now just one theory amongst many.  Nicholson Baker digs deeper… (Nicholson Baker, New York Magazine)

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