24 May The Weekend Starts Here...
Photo from Pixabay
Kicking off on a light-hearted note this week – this short video of how to draw a hand makes it look so easy, but the comments below the video tell a different story 😉 [0:15 video]
“What ends up happening is that the person realizes they’ve gotten very good at saving and investing, but they’re not equipped emotionally to learn how to become good spenders.” Oh yes. We see this all the time. The Three Phases of an Investor’s Life [Josh Brown 4 min read]
In terms of investing, there’s historically been a large ‘gender gap’. The good news is that the latest research shows that gap is narrowing [4 min read]
We’ve just entered that most wonderful time of the year – 60 Days of Light [Barry Ritholtz 3 min read]
A huge collection of papers known as the Codex Atlanticus has been completely digitized and put online to explore. The codex contains a huge number of Leonardo da Vinci’s sketches, illustrating just how wide-ranging his interests were – from flying machines to human anatomy. [Oh, I don’t know – you could spend hours on here 😉]
“There is a stark contradiction in acknowledging an awareness of the influence of behavioural biases (to such an extent that the perceived viability of your investment strategy is founded upon it) but then wilfully ignoring your own susceptibility.” We’re all susceptible to ‘blind spot bias’ [Joe Wiggins 4 min read]
“And this is the thing about a financial plan that I think a lot of people misunderstand. Financial plans are not written on stone, but rather in sand.” I have often wished that someone would write about what it is like, as a consumer, to go through the financial planning process because I think it can be hard for financial planners to get across to potential new clients just how positive an experience it can be – it’s something you have to experience to fully appreciate the benefits. Michael Batnick did just that this week. [Michael Batnick 4 min read]
This next one is a slightly longer read, but a great story – The professor who beat roulette [6 min read]
“Your present income already depends on the company’s success—don’t let your future income rely on it, too.” [Peter Lazaroff 3 min read]
I first heard the term ‘financial pornography’ back in 2003 at Dimensional’s inaugural conference in the UK, and it quickly entered Bloomsbury’s lexicon. It’s a scourge we all need to learn to ignore [Nick Maggiulli 4 min read]
And finally. MIT built a robot that can solve a Rubik’s cube in 0.38 seconds. 😲 [0:33 video]
Whatever you’re up to this weekend, I hope it’s a good one.