Wednesday morning news drop
Construction industry faces reckoning over racism on job sites Contractors and trade unions have pledged to crack down on anti-Black racism and hate of all forms after a number of recent incidents (Globe and Mail)
Why Even The Most Elite Investors Do Dumb Things When Investing. The bottom line is that these investment managers are failing to maximize returns for their clients. Without some changes to improve their selling decisions, they’d be better off strictly focusing on buying stocks and letting “a robot manage their selling decisions,” Schmidt says. (NPR)
Go Big, Then Stop What I’m talking about is a savings philosophy so effective that it can put your future finances on easy mode. It can help you to build wealth for decades while you literally do nothing. It may just be the lowest effort way to set yourself up for a nice retirement. How does it work? You save as much as you can as early as you can, then you stop saving altogether (if you want). Go big, then stop. (Of Dollars And Data)
The Seas Are Rising. Could Oysters Help? How a landscape architect is enlisting nature to defend our coastal cities against climate change—and doing it on the cheap. (New Yorker)
Inside L.A.’s Ultimate Mid-century Modern Home The story behind an icon of California bliss, featuring images from the new book The Stahl House. (Vanity Fair)