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10 Sunday Reads

Barry Ritholtz

ProPublica ) • 1 in 5 Young Chinese Is Jobless, and Millions More Are About to Graduate : The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery. ( ” ( Healthcare Dive ) see also Health Insurance Claim Denied? billion including debt.

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Overcoming the global slowdown with a super app strategy

Future CFO

billion from $675 million a year earlier, narrowing the company's loss by 51% to $1.74 The plan is to offer financial services to micro, small, and medium-sized businesses and other economically underserved demographics such as gig economy workers. In 2022, total revenue grew 112% to $1.43 billion from $3.56 billion in 2021.

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Transcript: Tom Rampulla

Barry Ritholtz

You know, we do the typical stuff, market economic outlooks and research there, product research. So the harvest losses to offset future gains. RITHOLTZ: That leaves a mark when it comes time to — you add in tax loss harvesting, and just helping with having a financial plan. Is this aimed at the advisor community?

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Transcript: John Hope Bryant

Barry Ritholtz

I had an economics lesson, I had a life lesson, I had an epiphany, I had a race relations lesson, I had a self-esteem and confidence lesson. Being broke is economic, but being poor is a disabling frame of mind, a depressed condition of your spirit. It’s home economics class, doesn’t exist anymore. RITHOLTZ: Right.

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Transcript: Michael Fisch

Barry Ritholtz

So, so let’s talk a little bit about your, your background ba in economics from Dartmouth. We hope that we can invest behind and see stability so that there won’t be a loss of capital 00:28:00 [Speaker Changed] And, and above average GDP 00:28:02 [Speaker Changed] Growth. It’s a pleasure to be here.

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Transcript: Tom Wagner, Knighthead Capital

Barry Ritholtz

And it was the most profitable day of trading I’d ever had. I was like talking through with him how the fund economics worked and what the upside was. And in real estate lending, that’s all about avoiding loss. RITHOLTZ: First World Healthcare, First World Internet, First World Financials Network.

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Transcript: Liz Hoffman

Barry Ritholtz

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. HOFFMAN: So obviously, I’ve — you know, economically minded from the jump.