Week In Review Articles:
The Wall Street Journal: President Trump Chooses Brett Kavanaugh for Supreme Court Vacancy
The Wall Street Journal: U.S. Unveils Additional Tariffs on $200 Billion More in Chinese Imports
The Wall Street Journal: Trump Roils NATO Allies With Calls to Double Military Spending
The Wall Street Journal: Inflation Is Eating Away Worker Wage Gains
The Wall Street Journal: Mueller Probe Indicts 12 Russians in Hacking of DNC and Clinton Campaign
The Wall Street Journal: Twitter Follower Numbers to Drop as It Removed Locked Accounts
The Wall Street Journal: All 12 Boys and Their Soccer Coach Rescued From Thai Cave
Mixtape:
Wait But Why: Taming The Mammoth: Why You Should Stop Caring What Other People Think Warning: Strong language. “Losing touch with your AV also makes you fragile, because when your identity is built on the approval of others, being criticized or rejected by others really hurts.”
Morgan Housel: The Lifecycle of Greed and Fear “All greed starts with an innocent idea: that you are right, deserve to be right, or are owed something for your efforts. It’s a reasonable feeling.”
Retirement Field Guide: A Letter To Grandparents “I think a lot of grandparents drastically underestimate the impact they can have on their grandchildren and that’s what I hope to convey through my own story.”
Of Dollars And Data: The Peak And The End ” Your formative years in investing will be just as important as the most intense and recent years that you have experienced.”
A Wealth Of Common Sense: Are You Sure Your Investments Are Appropriate For You? “Investors often look at the wrong metrics when considering the appropriateness of their portfolio. They think about it in terms of high valuations or low valuations, overweight or underweight, bullish or bearish, growth or value, income or total returns, alpha or beta, etc.”
The Irrelevant Investor: 57 Points “If you’re worried, welcome to investing. Fighting the worry is 90% of the battle.”
Tim Mullooly: The Financial Therapist ” Money makes people make completely irrational decisions. Money makes people do things without thinking, and without regard to the potential consequences.”
Roger Nusbaum: How The Show Northern Exposure Changed My Life “This circles back to the James Clear Tweet, I love what I do but I will not allow it to take away numbers 3 and 4. I would argue that making time for 3 and 4 make me a much better advisor.”
Barry Ritholtz: Don’t Mix Religion And Politics With Investing “Politics and religion are both unavoidably emotional. That is why they tend to be bad for your investment returns. If you are worried about your mortal soul, try to be a nicer person, and pick up karma points where ever you can — preferably not when making investment decisions.”
Realsmartica: Ancient, Relevant And Wise “This way of thinking challenges us to make our obstacles our advantages and to realize that it is a waste to try and control that which we can’t; invest your time in what you do have power over. Put your energy into living a good life, which means being virtuous – patient, honest, and sincere, for example.”
All About Your Benjamins: Whiteboard Series: The Inverted Yield Curve
All About Your Benjamins: The Reformed Broker On Advisors And Twitter
Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining to your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimer page.
