What I have been reading - 22nd October 2020
Why are pension funds investing in hedge funds?: Another hedge fund blows up and pension funds lose hundreds of millions. This hedge fund was sold by Allianz as an 'all weather fund'. It lost 97% of investor capital.
Being a Noob: None of us really have it all figured out. And that's a good thing.
Common causes of very bad decisions: I never tire of Morgan Housel's writing. Another fantastic piece from him.
A fund manager's time horizon is the shortest common denominator: This article highlights one of the problems with active fund management.
Can you hold on to your accumulated wealth?: There are many great nuggets in this article by Jason Butler at the FT. Getting rich and staying rich are two totally different things.
Mask Up and Shut Up: Derek Thompson at The Atlantic highlights how simple the solution to this crisis is. And honestly, how much better would this world be if most humans talked less?!
Why it's so lonely at the top: A really interesting article on loneliness in leaders, and how to combat it.
FINALLY:
James Randi, Magician who debunked paranormal claims, dies at 92: Here's something totally different! What a fascinating life story.
ENJOY!
Georgie
georgie@libertywealth.ky