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Morning Brew ☕️
Tiger Woods turned down a $700M deal to join LIV Golf, a Saudi-backed golf league.

The numerous critics of LIV Golf say that the tour is an example of "sports washing." @Sigin_Ojulu breaks down what that is. https://t.co/rTmncPtNhB
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Special Situations 🌐 Research Newsletter (Jay)
$TWTR subpoenaed records from unit of Brookfield . and other equity investors involved Musk’s financing for $44B buyout of social media co he’s trying to cancel.

Brookfield’s new VC arm put $250mn into Musk’s $7.1B equity raise for deal in May. $TWTR trying to understand terms.
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Paras Chopra
RT @paraschopra: The value of reading existential literature (such as Camus or Sartre) is that you don’t feel alone when you’re having an existential crisis.
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Special Situations 🌐 Research Newsletter (Jay)
CATL, a Chinese supplier of EV batteries, decided to push back announcing a multibillion-dollar North American plant to supply $TSLA and $F due to tensions raised by House Speaker Nancy Pelosi’s trip to Taiwan, according to people familiar with the matter. Discussion isn't public
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Bread Crumbs Research
RT @outliers_mgmt: Darcy Davenport, CEO of BellRing Brands $brbr https://t.co/eUUGwKgDJw
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Special Situations 🌐 Research Newsletter (Jay)
$BP reported a profit of $8.5bn for its 2Q on Tuesday, its biggest windfall in 14 years, making it the latest oil giant to cash in on higher crude prices as Russia's war in Ukraine disrupts global energy markets. $XOM
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Special Situations 🌐 Research Newsletter (Jay)
Thanks brotha!
https://t.co/gdZMCIWn6L
CATL PAUSES N. AMERICA PLANT ANNOUNCEMENT ON PELOSI TAIWAN TRIP: BBG

And there she goes, China's first response is ECONOMIC warfare. Hats off to Jay here always seems to be right.
https://t.co/xXvCMg8DWh
- Jeremy L(W)ins
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FXHedge
CHINESE PROPAGANDIST SAYS CHINA AIMS TO ‘LIBERATE’ TAIWAN
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Kevin G.
RT @kwharrison13: Every founder is different and every company journey is unique. But being successful in building a startup is a laundry list of risks that you want to minimize.

Thanks to @startupsearch for letting me share some thoughts on a few of those risks.

https://t.co/mEbHdKJ4GI
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Special Situations 🌐 Research Newsletter (Jay)
TREASURY 3-YEAR YIELD JUMPS MORE THAN 20 BASIS POINTS TO TOP 3%
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Paul Graham
RT @janeyellene: Built 1874 on the site reserved for an opera house, the Old Cincinnati Library USA was a thing of wonder. With 5 levels of cast iron shelving, fabulous foyer, checkerboard marble floors, & an atrium lit by a skylight ceiling, the place was breathtaking. It was demolished in 1954 https://t.co/oMWaxfmxyu
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M&A Focused CPA
RT @agazdecki: @_rchase_ @microacquire We unfortunately see these startups submitted to @microacquire often but have security measures in place to reject/prevent these from ever hitting the marketplace.

Main lessons:

1. Use an Escrow service
2. Do your due diligence
3. Report fishy listings

https://t.co/JEtJpIg4qH
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Dr. Rhonda Patrick
More evidence supporting later school start times.

Children who get <9 hrs of nightly sleep have smaller brain volume in regions responsible for attention, memory & impulse control. this was linked to more mental health problems & cognitive difficulties.
https://t.co/makumyefxs
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Meb Faber
👇 https://t.co/QE2rGv6wTB
Every IPO we could find that was underwritten by $AMTD has collapsed. Its new issues have regularly been accused of serious fraud.

In several instances, IPO proceeds were routed back to AMTD through suspicious bond deals.

$HKD

(2/x) https://t.co/0deW6xwbVq
- Nate Anderson
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Jim OShaughnessy
This, IMO, will only intensify as The Great Reshuffle unfolds.

One of the best skills to obtain in anticipation of the new is the ability to unlearn the old. https://t.co/CNSW2ZwoLh
The playbook for communications and PR is outdated.

Traditional comms might work for incumbent corporations in traditional industries, but it doesn't work for founders and startups trying to build something new, that's by definition unprecedented and poorly understood. https://t.co/I34OqvT7pC
- Lulu Cheng Meservey
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