Weekly articles
Why don’t you just sell all your stocks and buy ETFs, you’ll probably have better performance? Every good investor understands that what they are aiming for is hard to achieve, yet they do it anyway. For some, the monetary reward and alpha is all they care about. Others appreciate that the benefits of investing span far beyond an arbitrary total return quota. Everyone invests for their own reasons, so what drives people to buy stocks instead of just buying ETFs and going to the beach? (Investment Talk)
Americans, especially wealthy ones, are still spending big: Continued consumer spending — on travel, concerts, restaurants and more — is propelling economic growth beyond what many had expected. (Washington Post)
How High Interest Rates Sting Bakers, Farmers and Consumers: Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while. (New York Times)
The Trusted 60-40 Investing Strategy Just Had Its Worst Year in Generations: Higher interest rates and inflation are upending millions of Americans’ retirement planning. Wall Street’s boilerplate mix of stocks and bonds isn’t cutting it anymore. (Wall Street Journal)
Asset Managers Are Updating Bond Models to Capture a New Risk: Extreme weather has direct impact on real estate credit market Climate risks are resulting in mispricing of sovereign bonds. (Bloomberg Green)
Investment Mistakes to Avoid Right Now: These popular investment areas today that may be treacherous. (Bloomberg)
Springsteen Shows Private Equity Who’s Boss: If you’re going to sell out, do it at the top of the market. (Bloomberg)
AI is learning from stolen intellectual property. It needs to stop. Books are copyrighted material, not free fodder for wealthy companies to use as they see fit, without permission or compensation. Many, many hours of serious research, creative angst and plain old hard work go into writing and publishing a book, and few writers are compensated like professional athletes, Hollywood actors or Wall Street investment bankers. Stealing our intellectual property hurts. (Washington Post)
This new data poisoning tool lets artists fight back against generative: AI The tool, called Nightshade, messes up training data in ways that could cause serious damage to image-generating AI models. (MIT Technology Review)
Voters under 30 are trending left of the general electorate: They could make a difference for Democrats in 2024 — if they bother to vote. (ABC News)
Chinese fighter jets buzz U.S. planes in dramatic new videos: The Pentagon released previously nonpublic videos and photos of more than a dozen maneuvers by Chinese fighter jets harassing unarmed U.S. reconnaissance planes patrolling lawfully in international airspace. (Washington Post)
The Great Cash-for-Carbon Hustle: Offsetting has been hailed as a fix for runaway emissions and climate change—but the market’s largest firm sold millions of credits for carbon reductions that weren’t real. (New Yorker)
he Hypocrisy at the Heart of the Insurance Industry: Sometimes, a town doesn’t have to be underwater to become uninhabitable. All it has to do is be uninsurable. (The Atlantic)
The propane industry’s weird obsession with school buses, explained: Electric school buses are better for kids’ health. The propane industry has other ideas. (Vox)
Trees Are Stressed. Now They Can Tell Us Why: TreeTag sensors, developed by startup ePlant, can give homeowners, farmers and forestry managers early
A24: The Rise of a Cultural Conglomerate: The indie studio is behind some of Hollywood’s biggest hits and critical darlings. It has designs on becoming media’s answer to LVMH. (The Generalist)
The Internet Could Be So Good. Really. Today’s social platforms are designed for spectacle and entertainment—but it’s not too late to build a platform that improves society. (The Atlantic)
What Happened to San Francisco, Really? It depends on which tech bro, city official, billionaire investor, grassroots activist, or Michelin-starred restaurateur you ask. (New Yorker)
They Wanted to Dance in Peace. And They Got Slaughtered’ Israel's Supernova festival celebrated music and unity. It turned into the deadliest concert attack in history (Rolling Stone)
How Martin Scorsese Made His Most Challenging Movie Yet: The Oscar-winning filmmaker scrapped a completed screenplay to turn the plot of his new movie, ‘Killers of the Flower Moon,’ inside out. (Wall Street Journal)
How a Chain-Snatching and a Vegas Beatdown Led to Tupac’s Murder: Grand jury witness testimony describes how hyperlocal clashes between warring gang factions spilled into a fatal dispute that would alter the course of hip-hop history. (New York Times)