What we have been reading - 14th March 2023
Here’s what we enjoyed reading recently:
How It All Works (A Few Short Stories): Morgan Housel with nuggets of wisdom.
The Luckier You Are The Nicer You Should Be: More wisdom from Morgan Housel.
Permission To Suck: I am sharing this partly because it's a nice piece, but mostly because of the video at the end.
The Biggest Mistakes People Make With Their Wills: Well, you have got to start by actually HAVING a Will, but this article lays out some of the things to think through.
Don't Chase the Past: Just don't do it.
Great Investors' Little Secret: It's mostly temperament, with a sprinkling of intelligence.
Over the last week 3 major banks in the US have failed or entered liquidation - Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank. SVB is most in the spotlight. Here's a few interesting articles on the fall of SVB - The Demise of Silicon Valley Bank (technical but the best article I have found at explaining what happened), All the Things We Do Not Know About SVB (there's a lot more that we don't know than we do know), The Death Of Silicon Valley Bank (long, but good) Bank Runs, Now & Then (fascinating bit of history on bank runs from Ben Carlson) and finally, a podcast.
FINALLY:
One Good Day: Maybe it's just this simple.
ENJOY!
Georgie and Guy
georgie@libertywealth.ky
guy@libertywealth.ky