Wednesday Reading List
ICYMI: The Greatest Investor of All-Time – The greatest investor of all-time isn’t who you think it is. And he did it in ways you never would have imagined. I talk to the man who literally wrote the book about this investor and his returns and what the money did to him and his team.
How Much Should You Have In Your Emergency Fund?
An emergency fund may be the best way to protect your finances in a real crisis and deserves a second look especially if your family or employment situation has changed recently.
Why Go Long When Short-Term Bonds Yield More?
With the Federal Reserve poised to change direction, investors who have been investing in very short-term securities may soon face “reinvestment risk.”
Debt ceiling drama will likely rattle markets
The market’s concerns stem largely from painful recollections of the 2011 debt ceiling battle. Washington had the same political configuration then as now—a Democrat in the White House, Democrats controlling the Senate, and Republicans controlling the House. The two parties couldn’t reach an agreement in the weeks leading up to the default date, rattling the markets. The S&P 500 fell 16% in five weeks, volatility spiked, and Standard & Poor’s downgraded the U.S. credit rating for the first time in history.
Tech Stocks Are Really Expensive Again. They Might Not Be as Safe as They Look.
Tech has done well lately. Is it worth grabbing some last gasp returns or rotating out?
See also: Investment Winners Rotate…and they’re doing it again
How to Build Generational Wealth [All You Need to Know]
On generational wealth, how it’s created, how it’s destroyed, and the problems that arise from obtaining it.
Work-From-Home Era Ends for Millions of Americans
Share of businesses with workers on-site most of the time neared prepandemic levels in 2022, Labor Department finds
Explaining the history of bank failures, the SVB crisis, and what comes next as only Scott Galloway can.
‘Live free and die?’ The sad state of U.S. life expectancy
Life expectancy continues to decline in the U.S. as it rebounds in other countries.
Banked assets, custodied assets, and the differences between them and the protections available to you in each.
Book Recommendation
A Shot to Save the World: The Inside Story of the Life-or-Death Race for a COVID-19 Vaccine by Gregory Zuckerman
A #1 New York Times bestselling author and award-winning Wall Street Journal investigative journalist lauded for his “bravura storytelling” (Gary Shteyngart) and “first-rate” reporting (The New York Times), Zuckerman takes us inside the top-secret laboratories, corporate clashes, and high-stakes government negotiations that led to effective shots.