Wednesday Required Reading

1. You try to give people the benefit of the doubt. Deep down, there’s goodness. Then this. Criminals are selling fake Covid test results as they look to profit from travel restrictions.

2. What the next generation of editors need to tell their political reporters. A complete rethinking of journalism.

3. Aswath Damodaran makes sense of GameStop.

“The difference, I think, between our views is that many of you seem to believe that hedge funds (and other Wall Streeters) have been winning the investment sweepstakes, at your expense, and I believe that they are much too incompetent to do so. In my view, many hedge funds are run by people who bring little to the investment table, other than bluster, and charge their investors obscene amounts as fees, while delivering sub-standard results, and it is the fees that make hedge fund managers rich, not their performance.”

4. Betraying Your Church—And Your Party. How Representative Adam Kinzinger, an evangelical Republican, decided to vote for impeachment—and start calling out his church. My headline would’ve been, “Don’t Lump All Republicans Together Y’all”. His nickname has to be “Zinger”.

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