10 Weekend Reads – The Large Image

• This Isn’t Your Father’s Marijuana Use: A brand new research reveals pot use has exploded—surpassing every day alcohol use in 2022. Efficiency is method up, too. Ideas on the brand new age of weed and what to do. (Washington Month-to-month)

• The Algorithm Behind Jim Simons’s Success: Until you’re a quant, the precious classes are about how Simons did what he did (and why), not what he did particularly. Whereas a e book containing Renaissance’s secretive algorithms could be an on the spot bestseller, its worth would vanish virtually instantly as a horde of rivals exploit the identical inefficiencies. (Alchemy of Cash)

• The 84-Yr-Previous Man Who Saved Nvidia: It’s a $2 trillion firm immediately. It wouldn’t exist with out somebody referred to as Irimajiri-san. (Wall Avenue Journal)

• An Open Letter to Vanguard CEO, Salim Ramji: You’ve acquired an unbelievable alternative to be much less boring (Echo Seashore)

• How Does the Inventory Market Carry out in an Election Yr? Each 4 years we hear that “this could be a very powerful election of your life.” However with hovering debt, rising geopolitical instability, and continued financial uncertainty, this time they could simply be proper. However, earlier than we have a look at how U.S. shares may carry out after a Biden or Trump victory, let’s have a look at how shares are likely to carry out earlier than and after a U.S. presidential election normally. (Of {Dollars} and Knowledge)

• Slippery Slope: How personal fairness shapes a ski city: The forces which are remaking the Mountain West—the consolidation of land and wealth within the palms of some, the circulation of world capital, the substitution of company energy for civic authority—are uniquely seen in Large Sky, the place personal pursuits have an effect on the very construction of the group. Tucker Roundy, who moved to Large Sky eleven years in the past and commenced stocking cabinets on the Hungry Moose Market and Deli, used a typical phrase when describing the group’s dynamics to me. “With Lone Mountain shopping for the City Heart space, it’ll be attention-grabbing to see what the following 5 to 10 years maintain for Large Sky,” he stated, “and the way a lot of an organization city it turns into.” (Harper’s)

• Homes Up, Condos Down. What’s Promoting within the Hamptons These Days? Costs, gross sales and accessible properties have all elevated through the yr, largely pushed by high-end properties. However apartment costs are sagging. (New York Instances)

• Weird Spinosaurus makes historical past as first recognized swimming dinosaur: A newfound fossil tail from this big predator stretches our understanding of how—and the place—dinosaurs lived. (Nationwide Geographic)

• Fasten Your Seatbelts: What You Have to Know About Turbulence. Latest incidents with turbulence throughout air journey elevate questions on this difficult climate phenomenon. Right here’s what we learn about it and the right way to keep protected. (New York Instances)

• Studio Musicians Are Nonetheless Ready For Credit score In The Streaming Period: The music business has been promising music credit on the streaming companies for greater than a decade. They’re having one other convention about it in Nashville this week, the place some well-meaning individuals will as soon as once more focus on the nerdy, vexing problem of “metadata.” To be honest, it’s not a simple downside, and the enterprise can level to some progress. However this report finds that in a world the place public-facing databases can monitor 20 million UPS packages a day, baseball profession statistics from 100 years in the past to final evening, and tens of millions of world Bitcoin transactions, musician credit stay incomplete and laborious to entry. (WMOT)