What I have been reading - 13th January 2020

Here are some of the interesting things I read over the past week:

10 things investors can expect in 2020:  This is a fantastic, forecast-free list.  My favourites - 2) Something will happen that doesn't make any sense at all, and 10) Everything will look obvious after the fact.
 

20 ways the world got better in 2019, in charts:  The media is always bombarding us with negative news.  This is the other side.  The world is getting better, for most people.  A quick and essential read for any investor.

Patient Capital: How long is the long run?:  One of the most fundamental principles of investing is to understand your time-frame (it's much longer than you think).  Here Seth Godin reminds us not to get caught up in other people's time-frames.

She never attended a university, but her estate will give nearly $10 million to community colleges:  A wonderful, heart-warming story.  Compounding really works people!

Travel is no cure for the mind:  If you are feeling restless or fed up with what seems like the "mundane blur of familiar events", this article is for you.  It's very powerful (everyone should read it).  "We tend to grossly overestimate the pleasure brought forth by new experiences and underestimate the power of finding meaning in current ones."

2019: The Year in Charts:  Charlie Bilello produces the best set of charts that highlight what a year 2019 was.  "Volatility and corrections are the price of admission for long-term investors, without which there would be no reward."

FINALLY:
Glamping is hotter than ever, just ask millennials:  Ok, we have glamped.  We are glamping again this year.  In fact, we are taking over an entire glamp-site with my family to celebrate my 40th birthday!  It's a win-win holiday - kids LOVE it, we still get some creature comforts and it's easy(ish) on the wallet.  This article will convince you, if you need convincing.  

ENJOY!

Georgie

georgie@libertywealth.ky