Monday links: the threat of YouTube

MarketsA look at the new MSCI All Country Public + Private Equity Index. (axios.com)A look at the historical returns of the Nasdaq 100. (awealthofcommonsense.com)Lower borrowing costs are available to smaller funds. (mailchi.mp)CryptoInvestors in iShares Bitcoin ETF Trust ($IBIT) haven't fared as well as Bitcoin itself. (morningstar.com)The 'digital gold' argument for Bitcoin looks suss. (cnbc.com)Strategy ($MSTR) isn't done buying Bitcoin. (theblock.co)DegeneracyRobinhood ($HOOD) is entering Indonesia. (cnbc.com)If you put a real-money casino on people's phones they play...a lot. (nytimes.com)More and more financial products are removed from reality. (mojo3324106.substack.com)Berkshire HathawayA rare executive shakeup at Berkshire Hathaway ($BRK.A). (cnbc.com)Berkshire has 'cleared the table' for CEO to-be Greg Abel (kingswell.io)NetflixThe battle for Warner Bros. ($WBD) is now public as Paramount Skydance ($PSKY) launches an offer. (variety.com)YouTube is THE threat to Netflix ($NFLX