Favorite Reads, vol. 2
Every once in a while, I like to post links to my favorite articles (and podcasts!). This list has one timely article and two timeless articles that may never lose relevance. Enjoy.
Commentary on the current bull market, and how it persists despite consumers' lack of confidence in professional fund managers. "This may be the first bull market in history that featured layoffs on Wall Street."
"What's an appropriate benchmark? The hypothetical return of what someone could have earned in the S&P 500, or the actual return of what average people get when attempting to match the S&P 500?"
"Circle of Competence is simple: Each of us, through experience or study, has built up useful knowledge on certain areas of the world."
This Month's podcast pick!
I've listened to Rule Breaker Investing for years, and this episode is one of my favorites. David and his team discuss five well-known companies - some winners, and some losers - and what we can learn from their stories. About 45 minutes of entertainment and wisdom for the long-term investor.
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