👋 ASB Partners Nuggets

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

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Interesting Links/Reads

Many links are sourced from Marginal Revolution (bold and italics are my own to highlight what I found particularly interesting)

1. Russell 2000 Winning Streak Is Longest in Nearly 30 Years By WSJ Staff

The S&P 600 small-cap index trades at around a 25% discount on forward earnings to its large-cap stablemate, the S&P 500, and an even bigger one compared to the Magnificent Seven companies that have led market gains.

2.New York City Robs Kids of a Snow Day Class will be remote on Monday. Blame the teachers union.f

3.Faster-Drying Paint and Better-Smelling Soap: AI Tries Product Development PPG, 3M and other manufacturers say digital tools can suggest counterintuitive solutions and do weeks of work within days WSJ

There’s an iron law in the paint business: The faster it dries, the worse it looks.

But then AI took a crack at it.

Scientists at paint manufacturer PPG built a database containing the properties of all of their products, overlaid with the laws of chemistry. Then, about a year ago, they asked the system to create something new—a fast-drying clear coat that body shops could apply after repainting a car.

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Podcast/Videos

^{👇This is one of the most interesting, intriguing CEO interviews I’ve ever heard}

Hat tip to Eric Evans for showing me this

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I hope you enjoyed it.

Adam