China, Live Sports & Emails

Great article from Louis-Vincent Gave discussing why most investors don’t realize how far ahead China has moved ahead of the rest of the world in many industries.

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Young people are not watching sports (live). The average age for broadcast prime-time NFL viewers is 62.5. Younger people have shorter attention spans. And we know for a fact they have infinite choices in terms of how to spend their time. So there’s tons of things vying for their time. And there are ways they can engage with a sport without spending three hours watching a live event. They can follow it on social platforms. They can get highlights as they happen. They can play fantasy. They can engage with individual athletes and immerse themselves in their fashion taste or musician tastes. They can read trade rumors or draft rumors

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Marijuana use among teens is dropping. Biennial data from the Youth Risk Behavior Survey from 2011 to 2021 included 88,183 adolescents in grades 9th through 12th showed that the percentage of adolescents who reported current marijuana use dropped significantly from 23.1% in 2011 to 15.8% in 2021. Although current marijuana use declined significantly for both girls and boys over time, in 2021 girls were more likely (17.8%) to currently use marijuana than boys (13.6%). In 2011, the opposite was true, with boys (25.9%) being more likely to use marijuana than girls (20.1%).

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If you want people to respond to your emails, be brief, direct, and vulnerable.

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Do we need to throw out our black plastic spatulas? Cooking with any plastic is a dubious enterprise, because heat encourages potentially harmful plastic compounds to migrate out of the polymers and potentially into the food, black plastic is particularly crucial to avoid.