20 Sep The Weekend Starts Here...
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Is friendship important for our survival? Yes [Shane Parrish 5 min read]
While many of us would probably say that we rarely completely ‘switch off’ when not at work, holidays provide an important breathing space when the day to day distractions of work recede for a while. The question is, should we take a few long holidays or lots of short ones? [Tim Harford 3 min read]
In a week which saw the proposed WeWork IPO descend into near farce, “ ’Enough’ is realizing that the opposite – an insatiable appetite for more – will push you to the point of regret.” [Morgan Housel 3 min read]
“…if high-ability children from disadvantaged groups would benefit from the same circumstances as the best-off groups, there would be four times as many inventors in the US as there are today.” America’s lost innovators [Our World In Data 4 min read]
Life is not about dying rich; it’s about living richly [Dina Isola 3 min read]
When new clients come to us with a lump sum to invest, they often ask us whether they should phase the cash into the market over time or invest in one go. The evidence says you should do the latter, but the evidence ignores emotions. As a compromise, we often suggest investing in one go, but starting with a lower allocation to equities, and gradually moving to the allocation agreed over time. It turns out, backtesting data suggest this could well be a good compromise. Why It’s Better to Invest Conservatively Now Than to Average-In [Nick Maggiulli 4 min read]
Helping clients to stay the course at a reasonable cost, plus sensible asset location and tax planning – the value of financial advice [Cullen Roche 3 min read]
The old saying is it’s a market of stocks, not a stock market. [Ben Carlson 3 min read]
And finally. “Neiman Marcus sells a couch that looks like a hot dog for $7,100. What a time to be alive.” [Tim Aeppel Photo]
Whatever you’re up to this weekend, I hope it’s a good one.