ASB Partners Nuggets 11.22.24

This is a short weekly email that covers a few things I’ve found interesting during the week.

Interesting Links/Reads

Many links are sourced from Marginal Revolution

1. Prediction markets, like all markets, mobilize knowledge that otherwise “never exists in concentrated or integrated form, but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess,” as Friedrich Hayek argued in 1945.(WSJ)

2. Robot finishes a marathon in South Korea.

3. Bike lanes are not about bikes

4. Spirit Airline’s Demise...Lesson one is that pricing strategies can’t create permanent moats—only differentiated networks do.

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Podcast/Videos

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I hope you enjoyed it.

Adam