10 Wednesday AM Read – Big picture

Morning in the middle of my week The train WFH reads:

A 477 Price testers who determine inflation To calculate how much prices are rising, hundreds of government workers spend their days tracking costs for individual products and services. (Wall Street Journal)

A Stock trading is like playing Wimbledon champion: To make things more difficult, most trading nowadays is done by professionals Unlike amateur traders, they work full time; They have the latest information and technology in their hands. The best are highly intelligent and have far more skills and trading experience than you. (Evidence-based investors) See more Your three investor opponents “Watch a pro football game – the boys on the field are much faster, stronger and more willing than you to endure and give pain. You must say, ‘I don’t want to play against those guys!’ Institutions make up 90% of the stock market volume, and half of it is owned by the 50 largest investment firms in the world, deeply committed, widely prepared – the most intelligent boys in the world work all day with their tails off. I don’t want to play against those boys either. ” (Larger image)

A How to think and act for the long term: Remind yourself why you are investing: Returns are often seen through the prism of risk. The stock is risky, and so investors demand compensation for carrying it. This is true, but at a more basic level, stocks increase over time because things get better over time. It expresses itself through revenue growth which filters out its owners. As profits increase over time, so does the value of the business. (Irrelevant investors)

A Maubsin in asset transfer: redistribution of value through capital allocation: The prudent investors focus appropriately on a management’s ability to invest in the business, but they should also pay attention to the management activities when buying and selling their company’s stock. (Morgan Stanley)

A Meet Pinky Cole, the power behind the slutty vegan’s growing empire He wanted to say the name. “I combine the two most enjoyable experiences: sex and food,” she says. “I wanted to create a dialogue that was very juicy. I’m either going to inspire you to be so creative, or I’m going to annoy you because you couldn’t believe I was going to name a business after that. ” In the menu items “Troyes” and “Fussy Smile”. (Washington Post)

A How Twitter has made me smarter The website has an upsurge that everyone loves to hate. (Rafian)

A Are NFTs drowning in popularity? Yes, that makes sense. Blockchain-backed avatars of the board app variety seem to be on the way to Benny Babies. (MSNBC) See more What is happening to people reading for crypto and NFT For the reason that strange things don’t seem to go deeper than what is happening online, annoyed monkeys have become a hot product in the market for nonfangible tokens or NFT. (New York Times)

A Brain mapping to understand the mind: New technology enables neuroscientists to create increasingly detailed wire diagrams that could provide new insights into brain function (Scientific American)

A Working-class alternative to the Westminster Dog Show The Farm Dog of the Year competition features the type of dog you want to drink beer with (Wall Street Journal)

A ‘People took a lot of drugs, they forgot they played it’ – starring in exile Main St., The Rolling Stones Recorded over several hedonistic months in a great Cote d’Azur villa, the exile in Maine St. is seen as the epic, creative pinnacle of the Stones. As the classic album turns 50, the stars tell us how it turned off their rock. (Parent)

Be sure to check out our Masters in Business interview this weekend Alex Guerreich Hon Te Advisors, a prudent global macro hedge fund. Previously, Guerwich ran the JP Morgans macro book. In 2020, Hon Te ranked 2nd in net returns, and a top 10 emerging manager. He is its author Next Perfect Trade And most recently, March 2020 Trades.

How long does the beer market last?

Source: A Wealth of Common Sense

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