01 Feb The Weekend Starts Here....
The post which got me thinking the most this week was this one. It looks at the benefits that can be gained from being inefficient at certain tasks. As a productivity ninja, this goes against the grain of how I think, but this piece really challenged my thinking and made me realise that efficiency and effectiveness are not always the right answer. [Shane Parrish 5 min read]
This next piece is economist Tim Harford’s musings on the concept of ‘cash-rich, time-poor’. It seems that there is evidence that the wealthy do suffer from this (although as he points out, most people would choose to feel time-poor rather than income-poor). Feeling time-poor is certainly one of the top reasons the wealthy decide to work with a financial planner. [4 min read]
And recent research by Harvard Business Review shows that those who value time more than money are happier and more productive and that they can assign a tangible value to time and the happiness it produces. [4 min read]
It’s a well-known fact that individual investors give up a substantial amount of the returns available from global stockmarkets due to poor market timing decisions (and this holds true whether you are an active or a passive investor). A new study indicates that institutional investors aren’t much better either [Julie Segal 4 min read]
It’s always a good week when Bob Seawright publishes a new post . Investing requires elements of being both a player, a coach, and a fan. [6 min read]
Robin Powell‘s advice to John Paulson “Stick it in a global index tracker would be my advice, mate, and I won’t even charge you” [4 min read]
Some great tips here from Ben Carlson on how to plan your saving and spending [4 min read]
What one piece of information would help you make better decisions in different areas of your life? [Nick Maggiulli 4 min read]
When you are rewarded for being right – especially an above-average reward – a door opens inside your head that invites delusion to come inside. Another great piece from Morgan Housel [8 min read]
And finally, ICYMI. Bloomsbury Abroad 😊 [2 min read]
Whatever you’re up to this weekend, I hope it’s a good one.