What I have been reading - 14th October 2019

Here are some of the things I enjoyed reading over the past week:

Why new technology is hard to sell: Fascinating article from Morgan Housel. Funnily enough, even wheels on a suitcase were resisted at the start because men didn't think they were 'macho enough'.

Where have all the stock market wizards gone?: It's likely that the days of managers being able to outperform for decades is long gone.

Guessing game: Jonathan Clements is right - planning for retirement involves making a lot of guesses. But that shouldn't stop us. We guess, then we replace the guess with real-life. That process of guessing is incredibly valuable.

Principles for Lifelong Meaningful Relationships: Ray Dalio just wrote two new principles. We all need reminding of this from time to time. "The greatest things to have in life are great relationships."

Ken Fisher's firm loses over $1.2 billion after crass remarks - and much more is on the line: Did you read my comments last week about Ken Fisher? The outflow of assets since he likened the process of gaining a client's trust to 'getting in a girls pants' shows that inclusion and diversity is not just simply the right thing to do, but that not doing it has a direct impact on your bottom line.

12 lessons learned from 1 year of intermittent fasting: I have become interested in intermittent fasting because it seems to be increasingly backed by science and evidence is starting to suggest it is correlated with longevity. Here is James Clear's experience of it.

FINALLY:

50 ways to be ridiculously generous - and feel ridiculously good: THIS, I love. About number 22 - I use Touchnote - if you haven't discovered it already, get it now. It takes less than two minutes to send a real picture postcard. It could rank as the most useful app ever.

ENJOY!

Georgie

georgie@libertywealth.ky