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The Hustle Issue #96 Sunday, March 8, 2020 The Hustle is proud to deliver original longform journalism to your inbox every Sunday. This work would not be possible without the support of our sponsor, Trim. Please support them so we can continue to bring you the most interesting stories you'll...

The Silicon Valley billionaire criticizing billionaires: In the nine years since the death of Apple’s Steve Jobs, his widow Laurene Powell Jobs has kept a low-profile. But now, she’s stepping off the sidelines and jumping into some of the most contentious political fights of our time —...

“Rather than love, than money, than fame, give me truth.” ― Henry David Thoreau, Walden

https://www.dailymail.co.uk/news/article-8088093/Quarter-Italys-population-quarantined.html

Are you saying you can’t benefit from the above post because the average investor can not trade CDS?

Boaz Weinstein's Bad Gambles in Credit Trading Cost Deutsche Bank $1.8 Billion in Losses in 2008 Nimrod HalpernFeb 08, 2009 2:03 AM Deutsche Bank, Germany's largest bank, reported Thursday that it lost $5 billion in 2008 - including $1.8 billion from trader Boaz Weinstein's group. The losses by...

Boaz Weinstein Thrives in Market Chaos With a 25.5% Gain in 2020(Bloomberg) Boaz Weinstein’s main hedge fund gained 25.5% in the year’s first two months as he bet against companies exposed to the coronavirus and benefited from some of the most violent market swings in almost a decade...

The Stock Market Is Dropping Again. How to Spot a Bottom. By Ben Levisohn Updated March 6, 2020 11:52 am ET / Original March 6, 2020 8:00 am ET Text size . Spencer Platt/Getty Images 8:55 a.m.Oh look. Thestock market is dropping again. Do you need me to tell you the reason? Of course not. At...

God...didn't give us enough intellect, enough physical strength. But when He came to emotions...He was very lavish. He gave us so many emotions and such strong ones that every human being, even if he is an idiot, is a millionaire in emotions. --Isaac Bashevis Singer

LIFE IN THE FAST LANE Classic-car auctions hit a speed bump. An upstart raced to the front of the pack BringaTrailer.com crossed the starting line in classic-car auctions almost 6 years ago, listing all of 3 rides. Today, the site known as “BaT” boasts 2m monthly visitors and 100k registered...

Robinhood outage Fortune 's Lucinda Shen has an in-depth piece on Robinhood's catastrophic outage a few days ago. She writes: "Stock-trading darling Robinhood, which was founded in 2013, had successfully sold itself to millions of users as a digital-native app for Internet-savvy young...

Korean Air Korean Air heiress Heather Cho (famed for her 2014 "nut rage" tantrum) is trying to engineer a shareholder revolt against her brother Walter, the chairman and CEO of parent conglomerate Hanjin Group. She backed an activist fund that is trying to depose Walter Cho, who is attempting...

Dyal Sues Rosenstein’s Jana Over Divided Attention at Fund (Bloomberg) Jana Partners LLC, the activist fund founded by Barry Rosenstein, failed in overseeing its day-to-day operations, the Dyal unit of Neuberger Berman said in a lawsuit. Dyal Capital Partners, the largest investor of its kind to...

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https://nypost.com/2020/03/05/indycar-hopeful-lindsay-brewer-reacts-to-d-k-pics-after-posting-bikini-photos/

Oh My! What’s This Stuff Really Worth? By Chris Brightman ,Jonathan Treussard, Amie Ko March 2020 Read Time: 15 min Download Key Points Indicators across four channels—the macroeconomy, credit conditions, capital markets, and politics—are all flashing warning signs. These escalating...

Why? Low-carb diets have cauli-powerful appeal Cauliflower is the veggie equivalent of a blank canvas, and it’s low in carbs. So many amateur chefs are getting keto-curious that cauliflower items could fill an entire grocery aisle. There’s: Cauliflower rice. (Ever wanted to STAB YOUR DAMN...

https://www.barrons.com/articles/coronavirus-stock-market-51583164922

The Medallion Fund, Skepticism,and a Failure to Comprehend Illustration by II/Photo of Jim Simons (Amanda Gordon/Bloomberg) A professor calls out Renaissance Technologies’ performance. It says more about his thinking than about the hedge fund he’s questioning. By Angelo Calvello March 04...

"The economic conditions and the market volatility being what they are it could certainly perpetuate a potential stock market crash. It wouldn’t be hard to have a -20% decline from its most recent all-time high. We’re already more than halfway there… The last time the Fed cut interest rates by...