Longreads + Open Thread
Coase; Xi; Mr. Beast; AI; Monzo; Trader Joe
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Why Does the "Good Bank/Bad Bank" Model Work?
Unlock Premium to read this post →Plus! Clicks to Bricks in Gaming; Bricks to Clicks in Gaming; Offsets and Action; Lenders of Second Resort; Transaction Costs
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MarketWise: The Other Kind of Financial Newsletter Business
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Longreads + Open Thread
Read this article →AI, Banks, Pakistan's Near-Unicorn, Market Share, Churn, PE, A&P
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Limits to Ad Price Discrimination
Unlock Premium to read this post →Plus! Two (or more) Chip Supply Chains; AI-as-a-Service; Game Theory and Margin Calls; Scale and Limits; Trading Through It; The Fame Business
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The Privacy Front in the Messaging Wars
Read this article →Plus! GameStop; Too Much of a Good Thing; Controlled Boom; Decarbonizing; Taiwan and China; Local News
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On Perpetuities
Unlock Premium to read this post →Plus! Microfame, European Vacations, Work-From-Home and Social Capital, Chip Reshoring, TikTok, and more...