Welcome to Bespoke Brunch Reads — a linkfest of the favorite things we read over the past week. The links are mostly market related, but there are some other interesting subjects covered as well. We hope you enjoy the food for thought as a supplement to the research we provide you during the week.
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Frogs Regrow Missing Limbs in Lab Study, Advancing Key Effort of Regenerative Medicine by Aylin Woodward (WSJ)
A new drug cocktail is a small step forward, but a step nonetheless in the quest to regrow human limbs lost to disease or accidents. [Link; paywall]
Why we are living in an era of unnatural selection by David Farrier (BBC)
Evolution is an inexorable force framed by the environment living things inhabit. Humans have radically altered that environment and the results are as interesting as they are hard to believe. [Link]
Why The Animal Critic Gives The Panda An F (NPR)
Pandas are lazy, refuse to reproduce, and their primary source of food is one they are not able to properly digest. That compares to the noble octopus, which is highly intelligent and have strong memories. [Link]
Bumper year-end for Chinese offshore wind as feed-in tariff expires by Nadia Weekes (WindPower Monthly)
As subsidies for wind power farms were set to end, ten different 300MW+ Chinese wind farms entered service in December, with a combined capacity off 3.5GW; China is targeting 1.2TW of total wind and solar capacity by 2030. [Link]
McKinsey calculates the staggering capital spending required to reach net-zero by 2050 by Emma Newburger (CNBC)
The cost of transitioning to net-zero GHG emissions by 2050 would need $3.5trn per year in capital spending, equivalent to 7% of household spending in 2020. [Link]
Elon Musk offers college student $5,000 to delete Twitter bot tracking his private jet over ‘security concerns’ – but the IT major refuses and asks for internship instead by Keith Griffith (Daily Mail)
A teenager collated data from a range of public sources to create a Twitter bot that keeps the world appraised as to what Elon Musk’s private jet is up to, leading to a very amusing offer and counter-offer. [Link]
Tesla Now Runs the Most Productive Auto Factory in America by Tom Randall and Demetrios Pogkas (Bloomberg)
While the entire auto industry has suffered from the semis shortage, Tesla’s Fremont, CA factory is churning out more finished cars than any of the more than 70 national auto manufacturing facilities. [Link; soft paywall]
ARKK’s Claims of an Anti-Innovation Market Ring Hollow by Robby Greengold, CFA (MorningStar)
An investigation of ARK Invest’s claims that weak performance has been due to a market-wide attack on innovation-related stocks more generally. [Link; registration required]
Startup Funding Triples to a Record $15 Billion in Latin America by Ezraa Fieser (Bloomberg)
2021 was a benchmark year for tech startups in Latin America as investors poured more than $15bn in to the region’s new companies, more than three times the prior record. [Link; soft paywall]
We Might Be in a Simulation. How Much Should That Worry Us? by Farhad Manjoo (NYT)
If we start to see the virtual world as just as “real” as the non-virtual one, what does that say about how “real” the non-virtual world is? [Link; soft paywall]
Fugitive Crystal Cruises’ luxury ship on the lam expected to stay in Bahamas’ safe haven by Jay Weaver, David J. Neal, and Anna Jean Kaiser (Miami Herald)
A cruise ship that is owned by a bankrupt company has become a federal fugitive, with an arrest warrant issued and US Marshalls in pursuit across the Caribbean. [Link]
The cultural dynamics of declining residential mobility by Nicolas Buttrick and Shigehiro Oishi (NIH)
Declines in mobility are linked to significant changes in culture that create feelings of cultural stagnation and even concrete material costs to people who used to be able to move but now are stuck in place. [Link]
Parlay Cards Prove to be Worst Bet Gamblers Make in Las Vegas Casinos in 2021 by Darren Rovell (Action Network)
Casinos keep 32% of the money that punters bet on parlays, which are a uniquely terrible wager in terms of the take for bettors looking for a long shot. [Link]
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Have a great weekend!