Afternoon train reading:
• Softbank’s Son Makes $58 Billion on Alibaba With Buffett-Type Return (Bloomberg) see also What is Alibaba? (WSJ)
• Scoring the wirehouses’ first quarter results (Investment News)
• Vetting Your Sources of Financial Advice (A Wealth of Common Sense)
• America Is About to Get Really Old (The Atlantic)
• Home Sales Topping $100 Million Smash U.S. Price Records (Bloomberg)
• Why Can’t Congress Even Pass an Infrastructure Bill? (The Atlantic)
• Elizabeth Warren’s Smart, Flawed, and Obviously Doomed Plan to Help Student Borrowers (Slate)
• Uh oh, newspapers are looking like attractive investments again (Columbia Journalism Review)
• Twitter’s Marketing Problem (stratechery)
• Tesla Will Break Ground on Multiple Gigafactory Sites — And California Is Now in the Running (Re/Code)
What are you reading?
China’s Economy Surpassing the U.S.? Not anytime soon…
Category: Financial Press
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