Lead story in FT Alphaville

Investing in funds
Dan Och is not done with Jimmy Levin yet

One man’s quest to surpass the plot twists of Billions

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Top stories in FT Alphaville

Venture capital investment
Venture capital funds are mostly just wasting their time and your money

Howling at the moonshots

Financial & markets regulation
The public can’t cope with our dank memes, says FCA

You want the memes? You can’t handle the memes!

Global Economy
Is the vibecession really over?

Maybe! But we still need a durable shift in the vibe supply

Property sector
China’s housing market is . . . not good

How long until it bans property data releases as well?

Global Economy
Germany: Willkommen to normality?

Nicht gut, but nicht that bad either

FTAV’s further reading

Spacs; cartels; sanctions; China; Japan; superconductor debunking; Google’s scale problem; and newbuild towns

Digital currencies
The Crypt, updated

There but for the grace of common sense go we

Corporate bonds
Companies don’t expect interest rates to fall any time soon

They’re still borrowing, even with high costs

UK inflation
How the Bank of England can start to solve its prediction puzzle

Brainwaves for Bernanke

Currencies
Argentina’s “Milei-Quake”

Aftershocks coming

Media
The (un)surprising economics of subscriptions

Forgot-to-cancel culture

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