Stuff worth sharing from the past week
The news surrounding Covid-19 and the world’s reaction is moving at a stunning pace.
Here is a piece with thoughts on the long-term economic impact:
Morningstar’s View: The Impact of Coronavirus on the Economy by Karen Andersen, CFA, Preston Caldwell
Here’s a piece explaining how we can stop the spread by “flattening the curve”:
How canceled events and self-quarantines save lives, in one chart by Eliza Bradley and Dylan Scott
The two most important parts of market crashes:
– In hindsight they always go too far.
– They always rebound well before the real economy.
— Morgan Housel (@morganhousel) March 16, 2020
The Timeless Parable of Mr. Market by Farnam Street
This is not a new article, or a new idea, but it’s an important read in times like this. The wisdom of Ben Graham and Warren Buffett can help you navigate this market.
Who Fueled The Fastest Bear Market Ever? by Jeffrey Kleintop
Wondering who is selling stocks at these levels as they’re getting more attractive (i.e. cheaper). Kleintop’s piece provides a nice overview.
Russia and Saudi Arabia play a crude game of chicken by Alex Kliment
Excellent read for those curious about what happened last week to oil prices.
If you don’t have a 529 savings plan, you’re not alone. Here’s what you need to know by Michelle Fox
529 plans are a great way to save for college. Don’t have one, or not sure how they work? Check this piece out.
Book Recommendation
Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue by Ryan Holiday
