Wednesday Reading List
Stuff worth sharing from the past week
ICYMI: Buffett’s Woodstock of Capitalism – takeaways from this year’s Berkshire Hathaway shareholder meeting.
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Models can’t be used to predict the future. Sometimes that doesn’t matter, but when it does it’s a good opportunity to assess why and learn how to use them better.
Why Models Can Never Get Things Quite Right by Barry Ritholtz
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Bill Gates on what you need to know about the race for a COVID-19 vaccine.
What you need to know about the COVID-19 vaccine by Bill Gates
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The case for and against a spike in inflation in this piece.
Fears Mount About Inflation Returning With a Vengeance by Catherine Bosley and Anchalee Worrachate
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“We look at the fiscal and monetary policies recently deployed amid the coronavirus pandemic to see what’s working and what else needs to be done.”
What Is the Government Doing to Prop Up the Economy? by Aron Szapiro and Dave Sekera
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F-15s are scheduled to fly over Mass. hospitals Wednesday. Here’s when to look up. by Ainslee Cromar
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Book Recommendation
Keeping At It: The Quest for Sound Money and Good Government by Paul Volcker and Christine Harper
Warren Buffett recently recommended this memoir by former Federal Reserve chairman Volcker, and it’s a great read. He served under Carter and Reagan and is credited with breaking inflation’s back.
“I’ve always had Paul Volcker up on a special place, special pedestal in terms of Federal Reserve chairmen over the years. We’ve had a lot of very good Fed chairmen, but Paul Volcker, I had him at the top of the list,” Buffett said.
Early reviews are in for my book, Beyond the Basics – check them out here!