Week In Review Video Coming Later
“The headlines that may or may not be impacting your financial plan and portfolio.”
Week In Review Articles
The WSJ: October Inflation Report Shows Consumer Prices Rose 7.7% From Year Earlier
The WSJ: Bankrupt Crypto Exchange FTX Probing Unauthorized Transactions
The WSJ: Election Results 2022 Live: Democrats Retain Senate Majority
The WSJ: Biden Administration’s Student-Loan Forgiveness Faces Mounting Legal Hurdles
Weekly Mixtape
Morgan Housel: Attention “There are three types of written content: You can give people information; you can give them an opinion; or you can try to change the way they think. The first is ultra-competitive. The second pulls you towards pandering. The third is, I think, by far the most powerful, and the best way to not only get but keep people’s attention.“
Morgan Housel: A Few Good Stories “Most decisions aren’t made on a spreadsheet, where you just add up the numbers and a rational answer pops out. There’s a human element that’s hard to quantify, hard to explain, and can seem totally detached from the original goal, yet carries more influence than anything else.“
Casey Grisez: Active Versus Passive “It comes down to how you show up MOST of the time. Can your kid rely on you to be present, attentive, and screen-free when you’re playing together? Or, like someone I saw recently, do you argue with your grandchild that you weren’t on your phone when you very obviously were? There’s a saying I love: “Don’t tell me your priorities, show me your calendar.” When it comes to parenting, don’t tell me how attentive you are, show me your phone’s screen time.“
Khe Hy: What Happens When You Blow Up Your Identity? “What if we leaned into the ephemeral nature of life? Instead of constantly fighting it.“
More To That: Pursue Mastery, Not Status “Status games are fundamentally flawed for this very reason. One’s position on the totem pole is always relative to someone else’s, so if you’re vying for status, you won’t ever be able to truly create things for your own sake. You will always look for someone else to elevate you up this pole, and will seek the admiration and approval of others to justify your position at all times.“
Dr. Joy Lere: The Best Worst Days “I’ve abandoned the idea that my future should follow certain rules. Life isn’t fair, and things often don’t make sense. Pain will always, in some way, be a part of the picture. The future will continue to be uncertain. The unpredictable will strike when we don’t expect it. Those are the rules. They apply to all of us (as much as we try to pretend otherwise or think we are somehow exempt). Instead of fighting reality, I’ve learned to practice radical acceptance. I endeavor to use my finite reserve of energy to respond gracefully to whatever is handed to me. “
Dr. Phil Pearlman: Keep It Stupid Simple “It is fascinating and provocative, and I enjoy geeking on it too sometimes, but most of it is incomprehensible and not very useful to anyone except other experts and a very small group of elite athletes.“
Wealth Found Me: Season 22, Episode 10 Survivor’s Manual “As we get older we tend to become more and more pessimistic. It seems that we have less faith in who is in majority rule now because they challenge, or are not, what we grew up on. I can’t tell you where you get your mental strength from. That’s on you. For me, it’s been running. You may enjoy reading. Youtube videos. Whatever it may be, find your optimism and hold on to it for dear life.“
The Reformed Broker: Twitter Is Cigarettes “That’s why there’s not going to be any mass exodus or platform renaissance at Twitter. Because in the end, we all get what we want out of it. It does the trick. It’s a cigarette behind the gym between 3rd and 4th period. It’s a quick butt in the car before work. It’s that last drag of the evening, when the wine bottle’s empty and the kids are asleep. You’ll be back for another. It’s only a matter of when not if.”
On Our PRST With Ryan Russell: Make Every Day The Greatest Day
All About Your Benjamins: The AGC Presents You Don’t Know What You Don’t Know
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 disclaimers page.
