Thursday links: solvency is a necessity

BondsHow rising rates should change how you think about the bond market. (barrons.com)Your bond allocation shouldn't give you agita. (morningstar.com)StrategyWhy your investment strategy should change over time. (awealthofcommonsense.com)Lessons learned from Victor Niederhoffer's long and volatile career. (theatlantic.com)Venture capitalHow venture capital lost its way, and worse. (anildash.com)VCs who missed OpenAI and Anthropic are reassessing their processes. (nytimes.com)Not every business is meant to scale, but if you take venture capital you have to. (aswathdamodaran.blogspot.com)Are there VC businesses that are AI-proof? (wsj.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)FoodFoodborne illnesses typically doesn't peak until late Summer, early Fall. (wired.com)Lettuce farmers are abandoning healthy crops. (nytimes.com)This S