Energy to Shipwrecks: EI Weekend 3386
Energy future of Europe to shipwrecks via a mega mercenary. Odd risks from Middle Eastern migration to EVs.
Exchange Invest is a unique information resource combining the day’s stories in a newsletter for investors in exchanges/financial markets infrastructure.
Exchange Invest was founded by former exchange CEO and author of the first bestselling book of fintech (“Capital Market Revolution!” FT 1999) Patrick Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.
On this day in 1989, Columbia Pictures Entertainment Inc. agreed to a $3.4 billion buyout by Sony Corporation.
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MACRO THOUGHTS
Kazakhstan, Italy, And The Battle For Europe’s Energy Future
The Times Of Central Asia
IPO-VID LIVESTREAM: NEXT TUESDAY
“Panel, Markets & IT”
Guests: Ann Berg, Hamish Adourian
& Dan Davis
September 30th, 2025
1700 UK, 1800 CET, 1200 EST
Join us for a panel session discussing the state of markets with an eye on IT…
Tune in on:
LinkedIn | Youtube | Facebook
IN BIGWORLD
During August we bade farewell to one of Illinois’ finest, 97 year old Jim Lovell, astronaut who flew on Gemini 7, 12, Apollo 8 and became a living legend for cooly commanding the Apollo 13 mission which orbited the Moon but was already stricken with multiple problems making for a true tale of “the right stuff” as Lovell with his crew, John “Jack” Swigert and Fred Haise threaded the rocket back to earth after 3 and a half days in frigid conditions with little food, suffering dehydration as Houston helped the crew return to earth in what amounted to little short of a miraculous splashdown April 17th, 1970, nine months after the first Lunar landing.
In later life, Lovell ran a wonderful, eponymous restaurant in Lake Forest, where I had the pleasure of dining not long after it opened in 1999. The highlight was obtaining a signature in a copy of his book “Lost Moon” devoted to the Apollo 13 mission. RIP, A great American hero.
BITCARNAGE
MiCA Collapse?
The concept of pan-EU regulation is hanging by a centralised string as Austrian, French, Italian Regulators Threaten To Block Other EU MiCA Crypto Firms (Ledger Insights), AKA multiple jurisdictions, not just France, as reported yesterday, are seeking to ignore the passport IMG concept, which is the only element that makes EU regulation worthwhile.
If you enjoyed this excerpt, you may be interested to know that you can read Bitcarnage every day in Exchange Invest.
Alternatively, if you want to follow Bitcarnage — the daily update on happenings in the world of crypto and digital assets, then you can find Bitcarnage as a standalone on Substack.
PLY: MARKET MOVERS ON FINTECH TV
Catch me on Market Movers On Fintech TV every Monday at 0920 AM for the latest insights in finance, technology, impact investing, and market trends. Fintech TV is on the web (Fintech.TV), in a multitude of airports across the USA and other channels.
EXCHANGE INVEST WEEKLY PODCAST
John Greenan To Aquis,
India Seeks To Open Commodity Futures,
While Two Markets Range From Bullying To Scientology,
As IEX Options Is Approved.
The Exchange Invest Weekly Podcast 314
IPO-VID LIVESTREAM: NOW ONLINE!
“The Carbon Paradox”
Guests: Steve Zwick, Renat Heuberger & Marco Hirsbrunner
September 23rd, 2025
1700 UK, 1800 CET, 1200 EST
Joined by Steve Zwick, Renat Heuberger & Marco Hirsbrunner, the authors of The Carbon Paradox, discussing their fascinating new book.
Watch the stream on:
LinkedIn | Youtube | Facebook
OF INTEREST
As always, a review of interesting reading to provoke thoughts and consideration… Not sure we agree with much of it….but it’s thought-provoking!
Exodus Of Ultra-Wealthy From UK Triggers Fine Wine Boom In Dubai
Yahoo Finance
China’s BYD And Great Wall Motor Clash Over China’s Auto Price War
Reuters
PLY: Note too Warren Buffett has sold his stake in BYD, the shining light of industrial growth in Shenzhen, due to the concerns over the ongoing Chinese over capacity in electric vehicle production.
Simon Mann: Mercenary And Coup Plotter Dies
BBC
PLY: RIP a character for whom ‘larger than life’ was surely an understatement.
Lost Ship Carrying $16 Billion Treasure Confirmed As “World’s Richest Shipwreck”, Sparks Ownership Battle
NDTV
The Battle Over The World’s Richest Shipwreck And Its $16 Billion Treasure
Explorersweb
Discovery Of 300-Year-Old Coins May Prove $17 Billion ‘Richest Wreck In History’ Has Been Found
People
BOOKS WORTH READING:
Finance Book Of The Week
“Extraordinary Popular Delusions And The Madness Of Crowds” by Charles MacKay is a popular history of popular folly in human society. A book of reason and common-sense which shows precisely how man’s idiocy is destined to keep repeating itself.
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
Suggestions welcome if you would like to nominate a book for us to cover!
Our next Book of the week will be unveiled Saturday in the EI Weekend Edition.
& don’t forget if you want all the news on the bourse business sent daily to your Inbox subscribe to Exchange Invest — via Exchange Invest.com — it’s only $499 per annum to join “The Exchange of Information.
Capital Market Revolution
First published in 1999, “Capital Market Revolution!” offered a clear, concise roadmap for navigating the financial revolution fueled by technology. And 25 years later, as the world of fintech continues to evolve, the core principles laid out in the book remain surprisingly sharp
This new edition was produced to celebrate PLY ringing the NYSE Closing Bell July 5th, 2024. There are several new sections of PLY pith to add 10,000 more words of context and the original book which is remarkably prescient and elegantly dated all at once! It’s only $9.99 on Kindle, a fraction of the original price in 1999 to encourage revolutionaries with any budget!
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
LAST WORD
The future continues in the water cooler of the bourse business.
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You can also check out the “Reflections From Young’s Pyramid”, it illustrates the relative value of exchanges around the world.
Or the “ICE Cost of Borrowing 2020–2022” An Interest Rate Comparison, which illustrates the end of the funny money era of QE and how interest rates have already had a major lurch up from their previous region of zero to, even negative, levels.
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