$1 Trillion Worth of Risky Loans Packaged Into Highly-Rated Securities is not the End of the World
Plus! Diff Jobs, Netflix's Explore/Exploit Strategy; EVs and Platforms; Third-Party Sellers; An Entrepreneurial Country
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Longreads + Open Thread
Become a member to gain access →Housing, Chips, Books, Yandex, Hedge Funds, Bonds
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Synchrony Financial: A Bank Growth Investors Could Learn to Love
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Can Datadog Dodge the Growth Slowdown?
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The Memo and the Multiples
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Buy Now, Pain Later?
Become a member to gain access →Plus! TikTok; Factors; Replacing Passwords, and a Big Tech Truce; Solve for the Disequilibrium
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Longreads + Open Thread
Become a member to gain access →Uber, Arbs, Memorization, Misconceptions, Dashboards, Toyota, Cars
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Batteries, Interfaces, and the Car Industry's Continuous Future
Unlock Premium to read this post →Plus! A Plane Shortage; And Across the Pond...; Bootstrapping Networks, Continued; Pro-Customer or Anti-Amazon; Wordle (Again)
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The Automotive Balance Sheet
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Car Companies as Banks: The Suppliers
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Cars Manufacture the Modern Middle Class
Become a member to gain access →Plus! Not Enough Housing; Durable Network Effects; VPN Integration; Reserve Currency Problems; Movies
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Longreads + Open Thread
Become a member to gain access →Netflix, Dueling, Value, Covid Zero, Aging, Japan, Fiat