Weekend Reading
Some articles for your down time this weekend. Don’t forget the Northeast Ohio PKD walk is this weekend! Man clocked doing 88mph in DeLorean Liz Ann Sonders – “The media, more than most, persistently look for a narrative to explain every daily move in the market. It’s rarely that simple.” Why flush your money down your toilet when you can flush your money down the neighbors’ toilet? Update on the Buffet-Hedge fund bet. Crazy thing is that the collateral outperformed both parties. A good takedown on end-of-the-world ads that run on AM radio by Larry Swedroe. Morgan Housel with some perspective – “Being born in America in 1900 gave you a 79% chance of living for five years. Today, the five-year survival rate for non-Hodgkin’s lymphoma is 82%. So just being a kid 1900 was riskier than having lymphoma is today.” Photo by Lummi Photography