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What We’re Reading – Week of 11/12/2021

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.

Article via Financial Times ($)

 

The unintended consequences of divestment are increasing the life of some fossil fuels like coal.

Article via Bloomberg ($)

 

Meanwhile, large asset managers continue to push forward on divestment.

Article via Financial Times ($)

 

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.

Article via Wall Street Journal ($)