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P.S. You Should Know... | Issue #230

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August 22 · Issue #230 · View online
P.S. You Should Know...
👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7am CST, and definitely the best one published by me. Now in its fifth year!

my story 🚀
Cruising the Chicago River!
Cruising the Chicago River!
fun facts 🙌
These people who work from home have a secret: they have two jobs. “When the pandemic freed employees from having to report to the office, some saw an opportunity to double their salary on the sly. Why be good at one job, they thought, when they could be mediocre at two?” | learn more
The Netherland’s billion dollar sea wall. “The Dutch government has revolutionized sea water management for hundreds of years from the first implemented dike to the massive windmill pumps, and then to the current immense dams that keep the sea at bay. Even to this day, the Dutch still suffer from floods, however, with new, modern technology, the damage and death tolls have been kept to a minimum.” | learn more
What happens to low income housing when you build market rate housing? “Constructing a new market-rate building that houses 100 people ultimately leads 45 to 70 people to move out of below-median income neighborhoods, with most of the effect occurring within three years. These results suggest that the migration ripple effects of new housing will affect a wide spectrum of neighborhoods and loosen the low-income housing market.” | learn more
tech, startups, internet ⚡
Curators all the way down. “A magnifying glass on the relationship between curation and commerce.” | learn more
Notable Y-combinator companies by year. “Since Y Combinator was founded by Paul Graham, Jessica Livingston, Robert Tappan Morris, and Trevor Blackwell in March 2005, over 2000 companies have been launched out of the accelerator. The combined valuation of YC-backed companies was more than $300B by Jan. 2021.” | learn more
Welcome to the era of angel investors. A fun article, though it doesn’t go very deep. “Historically, angel investors have been high-net-worth individuals. But with loosened regulations and the advent of crowdfunding platforms, now almost anybody can invest small amounts of their own money in individual startups for the first time.” | learn more
better doing 🎯
The liquidity of skill. “Most people focus too much on being good, and not enough on how liquid their skill is – how many people know how good they are.” | learn more
Why time slows down when we’re afraid. “We construct the experience of time in our minds, so it follows that we are able to change the elements we find troubling — whether it’s trying to stop the years racing past, or speeding up time when we’re stuck in a queue, trying to live more in the present, or working out how long ago we last saw our old friends.” | learn more
under the microscope 🔬
The first molecular images of odor receptors at work. “Our sense of smell seems to be the most complicated, and as such it’s the least understood. To help shed some light on the system, researchers at Rockefeller University have taken the first cryo-electron microscope images of an olfactory receptor at work in the simple system of an insect.” | learn more
big ideas 📚
The best advantage in life. “You are 25 year old interested in a career in investment management. A genie appears offering you one of the following (with all the learning, networking, benefits, etc… auto populated into your background). Which do you think best improves your career prospects? CFA designation; MBA from top tier school; Great first job; Rich parents.” | learn more
calls to action 👇
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