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Passing the Torch Newsletter · Aug 17, 2026

Underreported & Outsize Impact Stories for the Week

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Jasper Gould · Passing the Torch Newsletter

Today, we’re going to begin a Monday tradition. Every Monday we will share, heading into the week, a selection of stories, trends, and events that we view as severely under discussed, spend a few paragraphs talking about the significance and impact on markets, and then occasionally link you to other resources on the matter.

Since this takes a significant amount of time (and we have to write it, by nature, on Sunday night :[ ) we will be putting this behind the paywall. Don’t worry, we keep it affordable!

Today features:

(1) Securitization of sports gambling, especially interesting for any hockey fans.

(2) A company named after a small dog is seemingly ringing a death knell for Blackrock, Vanguard, and State Street.

(3) The third largest acquisition of 2026 that isn’t really getting talked about.

(4) Texas finds its next oil rush, and stands to make trillions.

(5) 25 years later, did Osama bin Laden and al-Qaeda achieve their goals?

Here comes the paywall…

Read the original on bycig.substack.com

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