Twitter, Investing, and Golden State Warriors

Thursday morning articles

  • How Jack Welch’s Reign at G.E. Gave Us Elon Musk’s Twitter Feed: The onetime ‘manager of the century’ paved the way for C.E.O.s to moonlight as internet trolls. (New York Times)

  • Twitter, cut in half: More than anything they were struck by the fact that the world’s richest man, who seems to revel in attention on the platform they had made for him, had not once deigned to speak to them. (Platformer)

  • How Do the Wealthy Invest? Wealthy households are exceptional, but younger wealthy households are even more exceptional in how they got wealthy. You can see this clearly in the data. Having $3 million in net worth (excluding home equity) would put you in the top 7% among 55-59 year olds, but near the top 0.1% among 25-29 year olds. (Of Dollars And Data)

  • Seizing a Russian Superyacht Is Much More Complicated Than You Think: Those floating Xanadus cost millions of dollars a year to maintain. Some of that money is coming from US and European taxpayers (Businessweek)

  • Apple Built Its Empire With China. Now Its Foundation Is Showing Cracks: Lawmakers’ objections to an obscure Chinese semiconductor company and tough Covid-19 restrictions are hurting Apple’s ability to make new iPhones in China. (New York Times)

  • They made a material that doesn’t exist on Earth. That’s only the start of the story. Material found in meteorites is a combination of two base metals, nickel and iron, which were cooled over millions of years as meteors tumbled through space. That process created a unique compound with a particular set of characteristics that make it ideal for use in the high-end permanent magnets that are an essential component of a vast range of advanced machines. (NPR)

  • Inside the Underground Market for Fake Amazon Reviews: Seedy scam networks are using social media to organize campaigns that influence product ratings. They’re a headache for shoppers—and tough to crack down on. (Wired)

  • Spam: America in a can: Everything you need to know about Spam in five minutes or less, including how it became such a global success. (Quartz)

  • How The Golden State Warriors Became Kings Of The NBA: The Golden State Warriors are kings of the NBA. No, I’m not talking about them winning four of the last eight NBA Championships or even their ridiculous 73-9 regular season record in 2015-16. I’m talking about their fast-rising valuation. (Huddle Up)