Friday links: the written word

IndexingThe first retail index fund, via Vanguard, turned 50 years old. (morningstar.com)Who won from the index fund revolution? (bloomberg.com)'Bogle's folly' turned out not to be. (wsj.com)FinanceA look at the big players in the pre-IPO stock space. (pitchbook.com)Is Jane Street a prop trading firm, or a hedge fund? (ft.com)WalmartLast quarter, Walmart ($WMT) sales are best described as mid. (nytimes.com)Walmart ($WMT) will finally accept tap-to-pay. (engadget.com)TechnologyAnthropic is floating talk of a record IPO offering. (fa-mag.com)Samsung is returning (big) capital to shareholders. (cnbc.com)How Boise, Idaho is feeling the impact of Micron's ($MU) stock surge. (cnbc.com)Stripe is buying OpenRouter for some $8 billion. (semafor.com)Sports businessMarc Lore is selling control of the Minnesota Timberwolves at a $4.5 billion valuation. (axios.com)The story of UWM Holdings ($UWMC), Matt Ishibia and the Phoenix Suns. (huddleup.substack.com)The Oakland Raiders already want more