What I have been reading - 4th October 2021

Here’s what caught my eye over the past week or so:

How much time do you have?: This article from Josh Brown is a nice addition to my blog this week.

The Two Types of Investors: Pundit or Professional? You owe it to yourself to know the difference.

The Public Continues to Underestimate COVID's Age Discrimination: There is some important data in this article, and the author does a good job of making it relatable. "According to that data, an unvaccinated 10-year-old, who may look like the very picture of COVID vulnerability heading into the school year, faces a lower mortality risk than a vaccinated 25-year-old, whom we might today regard as close to safe as can be. " We must put the 'vulnerability' of children from this disease into context. There are so many things to worry about with our children, but COVID really ought be pretty far down the list.

History's Seductive Beliefs: Just wonderful writing, as always, from Morgan Housel. If you only ever read one thing a week, make it his.

The Psychology of Betting Big and Losing it All: Ben Carlson sums it up well, "yes, risk-taking can lead to massive riches. It can also leave you broke."

One-Sided Markets: Several good reminders in this article. My favourite - don't confuse brains with a bull market.

The Broken Clock: Nick Maggiulli explains why listening to the so-called 'experts' is so dangerous. "There is always a market for broken clocks. Just make sure you don't get sold one."

Why is America So Bad at Keeping People Alive?: An interesting article from Derek Thompson at The Atlantic.

FINALLY:
Go for a Walk: I enjoyed this article, perhaps because we, as a family, discovered the joy of walking whilst in the Scottish Highlands this summer. I have a yearning to do a long walk and might get to it next year - my sister turns 40 and wants to get a group to trek through the Pyrenees.

ENJOY!

Georgie

georgie@libertywealth.ky