What I have been reading - 4th March 2021

Here’s what caught my eye over the past few weeks:

When everyone's a genius (a few thoughts on speculation): Wonderful, as always from Morgan Housel. One of his best quotes: "Investing is not the study of finance. It's the study of how people behave with money. And sometimes those behaviors are absolutely wild."

What Happened to Gold?: Gold has not done what you might have thought it would do. And that's the thing with investing - often the opposite of the thing you most think will happen actually happens.

I Lost Money to a Trading Scam That Preys on Amateur Traders: This is how easy it is for young people (and old) to get taken for a ride. The conditions are ripe for fraud right now. FOMO is a powerful driver.

Buying Time: Interesting article that watch enthusiasts will enjoy.

How to Read More: 8 Reasons and 7 Strategies to Read More Books: Brilliant article. If this doesn't encourage you to put down your phone and pick up a book I don't know what will!

Dreams all the way up: This is an interesting take on why tech valuations might not be so crazy.

FINALLY:
How happier people spend their money, backed by considerable science: I know you all know this, but it doesn't hurt to be reminded. As I always say, we're not optimising for money, we are optimising for happiness.

ENJOY!

Georgie

georgie@libertywealth.ky