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Issue 382 – 06/26/2020

This week’s highlights: Losing Control of the Epidemic, Losing a Billion, and Legalization

Photo by Adam Nieścioruk on Unsplash
Wear a Mask, Don’t Go to Bars…

Issue 382

by David Wells – Nashville TN

Happy Friday –


Food for Thought


  1. II – How to Lose a Billion Dollars Without Really Trying Volatility trades — which have caused major losses at hedge and pension funds alike — are the toxic subprime mortgages of the Covid Crash.
  2. Forbes – A Wall Street Tycoon’s Plan to Get Americans Off the Highway – And On His Trains
  3. Marker – Unicorns are Out, Profits are In  Why a new approach to venture capital is powering more sustainable startups — and funding more diverse founders
  4. Verge – Apple approves Hey email app, but the fight’s not over


  1. CNN – Why more states could legalize cannabis in 2021 A few people have heard me get on this soapbox – but if state tax revenues continue to come in low – legalization is an easy way to generate tax revenue on commerce that is already happening…
  2. MarginalRev – The new economics of chess
  3. BBC – Unsubscribe: The $0-budget movie that ‘topped the US box office’

What is Fifteen on Friday?

From business to culture, technology to design, finance to entertainment, each week Fifteen on Friday sources the most thought-provoking articles to help us all live life well and well-informed.  Enjoy.