Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
Private equity investors are paying for their managers’ private jets on top of already steep fees.
The unintended consequences of divestment are increasing the life of some fossil fuels like coal.
Meanwhile, large asset managers continue to push forward on divestment.
We have often said there are pockets of crazy in the market right now. The WSJ sees Rivian, with 156 vehicles sold and $100+ billion valuation, as one and it’s hard not to agree.