01 Mar The Weekend Starts Here...
Image from Pixabay
How was Blue Monday for you? Ok, I hope, since it doesn’t exist. It was a ruse set up to sell package holidays. “Why do such ideas endure? What do they tell us about our attitude to science, evidence or the truth itself?” [Tim Harford 3 min read]
Protecting Your Family [Charles Wood 3 min read]
The fund launch we’ve all been waiting for: “The new AQR S.M.O.O.T.H. Fund 1 is simply a superior offering to anything we have done before. It provides the same long-term attractive expected returns as our other offerings, yet at a fraction of the volatility, with very few to no embarrassing losses.” [Cliff Asness 2 min read]
Berkshire Hathaway’s 2018 shareholder letter was published this week. As always, it’s interesting to read the current views of Buffett and Munger. [14 pages so probably a good half hour read]
MiFID II costs and charges statements explained [Robert Lockie 4 min read]
“Now we can compare ourselves to every humblebragger from around the globe and it’s making many of us miserable because everyone’s life is perfect on the Internet and our real life is flawed. This is a game you’ll never win because the other side is always cheating.” Exhaustion is a rich man’s disease [Ben Carlson 5 min read]
And in a similar vein, How Much Leisure Time Do the Happiest People Have? [4 min read]
I thought this next one was fascinating. Which continents have the oldest and youngest people? Who would have guessed that, by median age of its population, Monaco is the oldest country in the world? [Infographic]
“The math of markets is such that you will occasionally look stupid when your preferred approach is out of favor. This happens quite often; it is an enduring aspect of markets, not an anomaly.” As a long term investor, this is something you need to learn to live with. [Barry Ritholtz 3 min read]
And finally. Fish in a barrel [30 seconds read]
Whatever you’re up to this weekend, I hope it’s a good one.