Substack

"Net income is an opinion. Cash is a fact." Financial educator and bestselling author Brian Feroldi walks through Mastercard's cash flow statement line by line to show you the numbers that reveal how efficiently a business turns profit into cash. Read the full post on Brian's Substack, Long-Term Mindset: https://lnkd.in/gkufRjmT

"We normally think of AI as something that replaces a single human worker, but I think that's the wrong way to think of it. AI is really a new world-mind — a technology that takes the accumulated findings of individual humans (or robots, or other sensors) and integrates them into a general picture of the world." Noah Smith on what AI's breakthrough moment in math means for the future of man versus machine: https://lnkd.in/g8SZKytp

"Psychology via social media is lucrative content, and we suddenly became a generation that treats people badly because an infographic told us to." Therapy language has so pervaded everyday conversation, says Sameena Khan, that we now diagnose one another instead of talking. Read her full post in Radge, a Northern English magazine platforming working-class voices and emerging talent: https://lnkd.in/g2TCKgdN

Let the universe take the wheel

“Document, don’t create. Talk about your process. Talk about what’s right in front of you. Then do it again tomorrow.” Serial entrepreneur, investor, and New York Times bestselling author Gary Vaynerchuk offers a playbook on how to make something people will pay attention to & stop letting perfectionism block your creative energy. Read it his Substack, Underpriced Actions: https://garyvee.substack.gcom/p/document-dont-create

A private equity firm co-owned by LVMH recently acquired a majority stake in viral fitness competition Hyrox, valuing it at $700mm. @DanielYawMiller's analysis: "It’s a remarkable ascent for the business founded in Germany in 2017, and one which speaks to a prevailing reality that simply would have been unthinkable just years ago: that sports properties are now a luxury asset class in the eyes of the fashion industry’s most deep-pocketed brands." (link in replies) Read his deep dive in in SportsVerse, a bi-weekly newsletter of breaking news and analysis on sports, business culture, and fashion: https://lnkd.in/gqRdNjux

Author, podcaster, and cultural critic Katie Gatti Tassin takes an unsparing dive into the "circular infomercial" that is influencer Alix Earle’s new Netflix series, on her Substack, Money with Katie: https://lnkd.in/eAyHBcks

“The father I remember from my childhood was angry and violent, and the memories I have of him, kept me at a distance from him my whole life. But learning about what had happened to him when he was a boy at residential school unlocked some empathy and curiosity.” Connie Walker is a Pulitzer Prize and Peabody Award winning investigative journalist, and Cree from the Okanese First Nation in Saskatchewan. Her Substack, launching as Canada marks the National Day for Truth and Reconciliation, shares her work digging into survivor testimonies—records that face the threat of imminent destruction: https://lnkd.in/eHcf-eRX

“The root of chronic people pleasing is not concern for others. It’s concern for their acceptance and approval.” Organizational psychologist and #1 New York Times bestselling author Adam Grant explains that a fear or being disliked often stops us from speaking up, but self-respect requires setting boundaries and saying "no". Read the full post on his Substack, Granted: https://lnkd.in/gS64FAWQ

It's never too late