Wednesday Reading List

You should write your obituary and then try to figure out how to live up to it

Warren Buffett

Are Mutual Funds Better Than ETFs? by Heritage Financial

Our team breaks down the pros and cons of mutual funds, ETFs, and separate accounts in a brief overview covering which vehicles are best for tax management, risk management, transparency, charitable giving strategies, business exit strategies, and more.

“Glass Half-Empty” Investors by Barry Ritholtz

Perhaps too many investors are focusing on the wrong question: Instead of asking yourself “What is the bad news?” it is more useful to ask “How much of the bad news is already reflected in market prices?”

Chart of the Week

Here’s a full recap of everything Warren Buffett and Charlie Munger said at Berkshire’s annual meeting by CNBC

The legends were at it again at last weekend’s Berkshire Hathaway annual meeting.

The secretary who helped uncover one of America’s strangest Ponzi schemes by the Hustle

Carpet cleaning, reputed mobsters, and a woman who refused to be fleeced.

Pause? Fed Hikes, But Leaves Door Ajar for More by Charles Schwab Asset Management

Liz Ann Sonders’ latest look at the economy and where things stand after the Fed’s latest hike. Her team continues to believe that what they’ve been calling a “rolling recession” is likely to roll into an officially declared recession; especially if credit conditions tighten further.

Smaller, cheaper, safer: The next generation of nuclear power, explained by Vox

The nuclear industry’s big bet on going small.

Investors lost billions betting on crypto. Now this lawyer wants Sam Bankman-Fried, Shaq, and dozens of other celeb endorsers to pay the price by Fortune

Hitting back at the celeb crypto endorsers who took people for a ride.

Storytelling by Scott Galloway

The weapon of mass attraction is the ability to communicate. I wish I’d figured this out earlier: Money, mates, and meaning are all moths to the flame of storytelling.

Long Road: Pearl Jam and the Soundtrack of a Generation by Steven Hyden

A leading music journalist’s riveting chronicle of how beloved band Pearl Jam shaped the times, and how their legacy and longevity have transcended generations.