The Princeton University endowment fund is laughably bad
Want to feel better about underperforming the market by actively managing your IRA? Well, you’re probably beating Princeton as its endowment fund returned just 3.9 percent in its… — Lew
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Lew
A boardroom shakeup is the latest battle in the war between Klarna co-founders
Buy now, pay later company Klarna was founded nearly twenty years ago by Victor Jacobsson and Sebastian Siemiatkowski. A decade ago, that partnership presumably ended when Jacobsson left… — Lew
Links: October 24, 2024
Three years in, Fox Weather is attracting viewers — and proving the doubters wrong Keurig Dr Pepper to Buy Energy-Drink Maker Ghost for Over $1 Billion Continuing Jobless… — Lew
Intuit draws more attention to their CEO’s bad interview by demanding The Verge edit it
There’s a writeup on Tech Dirt which talks about how Intuit’s management lacks any understanding of the Streisand Effect when it attracted more attention to an interview with… — Lew
Morning links:
Boeing Posts $6 Billion Loss Ahead of Strike Vote <WSJ> North Dakota voters could end property taxes — and pour ‘gas on the spark’ of a growing tax… — Lew
HelloFreefall
Sponsoring every podcast in existence must not be what it used to be. Shares of meal kit delivery service HelloFresh have shed 42% of their value on a… — Lew
Evening links: March 7, 2024
Sargento recalls nearly a dozen brands of shredded cheese over listeria fears <CBS News> Someone’s buying votes in Disney’s ugly proxy fight <Morning Brew> Voyager 1 may have… — Lew
The cover of Kara Swisher’s new book gives me secondhand embarrassment
I’m judging a book by its cover, and wouldn’t be caught dead with the hardcover. But the reviews are unsurprisingly glowing: Kara Swisher takes on the “boy-kings” of… — Lew
Victoria’s Secret plunges 30% on falling sales guidance
Crotchless panties anyone? Apparently not as Victoria’s Secret is in freefall after projecting lower revenues next year. This coming off a year where same-store sales already saw a… — Lew
Vice Media pulls plug on employee town hall meeting after onslaught of “thumbs down” emojis
The embattled “news organization” was holding a town hall where chief content officer Cory Haik was giving an update on a recent round of layoffs when the angry… — Lew