Wednesday links: an unlevel playing field

MarketsSamsung has joined the $1 trillion market cap club. (finance.yahoo.com)UK borrowing rates hit their highest level since 1998. (bbc.com)Strategy10 lessons learned from Barry Ritholtz's "How NOT to Invest." (ritholtz.com)Financial literacy+financial discipline equals success. (ofdollarsanddata.com)CryptoStrategy ($MSTR) now says they may have to sell Bitcoin to pay dividends. (cnbc.com)Morgan Stanley ($MS) is rolling out cryptocurrency trading on its E*Trade platform. (theblock.co)FinanceJust how big are the coming SpaceX, OpenAI and Anthropic IPOs? This big. (paulkedrosky.com)Closed-end funds are (nearly) permanent capital, but is it the right structure? (economist.com)Private assetsWhat you need to know before buying a non-traded BDC. (morningstar.com)A closer look at the $30 billion Ares Capital ($ARCC) fund. (barrons.com)CompaniesAmazon ($AMZN) plays the long game. (stratechery.com)One thing a foldable iPhone should excel at. (spyglass.org)In 2026, Europe is minting unicorns