This week’s highlights: James Madison and Mobs, Timing the Market, Downsides of Early Retirement
Fifteen on Friday – 09/14/18 – Issue 301
Happy Friday Everyone –
Our thoughts are with the FoF readers in the Carolinas – stay safe everyone!
Food for Thought:
- Atlantic – America Is Living James Madison’s Nightmare “The Founders designed a government that would resist mob rule. They didn’t anticipate how strong the mob could become.” Finally – someone recognizing how our current political climate was feared and anticipated by the Founders in The Federalist Papers.
- NYT – Can Good Teaching Be Taught?
- RollingStone – How Luke Bryan, Jason Aldean Theme Bars Are Remaking Nashville’s Broadway – Credit JC – A string of bars and restaurants from male country stars is turning Music City’s honky-tonk district into “country music Disneyland”
- TMI – What information should we consume?
- VF – Tossed Salad and Scrambled Eggs: A History of Frasier Kelsey Grammer, David Hyde Pierce, Peri Gilpin, Jane Leeves, creators Peter Casey and David Lee, and more recount how a series centered around a snooty radio psychiatrist became one of the most beloved sitcoms in TV history.
- WSJ – You Can Time The Market, Just Not All The Time. I’m sure this is behind the WSJ paywall – but it is well worth reading if you can get your hands on it. “Howard Marks has made a few market calls in his day, but warns that it’s harder than it looks.”
- NYT – Amazon’s Antitrust Antagonist Has a Breakthrough Idea With a single scholarly article, Lina Khan, 29, has reframed decades of monopoly law.
- NewYorker – Paul Singer, Doomsday Investor – Credit DH – The head of Elliott Management has developed a uniquely adversarial, and immensely profitable, way of doing business.
- NYT – As Elkhart, Ind., Goes, So Goes the Nation, and Elkhart Is Nervous
- RealLife – The Constant Consumer. Amazon’s mission is to make customer identity more primary than citizenship.
- FinancialSamurai – The Negatives Of Early Retirement Life Nobody Likes Talking About
- Economist – How a shampoo bottle is saving young lives A doctor in Bangladesh has found a simple way to treat infant pneumonia
- GQ – It’s Time to Kill James Bond
- SBNation – ‘Death Diving’ is belly flopping off a tower, and it’s your new favorite sport
- Forbes – This VC Firm Is Gifting Founders 1% Of Every Invested Dollar To Spend On Coaching And Mental Health
This week’s highlights: Finding Family, Speed and Incentives, and Comcast tackles healthcare.
Fifteen on Friday – 09/05/18 – Issue 300
Well here it is – the 300th issue of Fifteen on Friday. Maybe this is a classic warning to be careful what you begin. Little did I know when I sent my first email on April 22nd in 2012, that 6 years later, I’d still be plugging away at it.
Yet through this process and thousands of articles read, I have become ever more convinced of two things. We live in an era of such noise as never experienced before by the human race. Conversely, we are in a golden age of content. With costs falling to zero, new publications on the rise, and old publications on the hunt to prove their relevance, there are tremendous stories being told.
My goal as editor/curator has been and continues to be to distill down this seeming onslaught into something worthwhile. Leave it to the sharp team at The Skimm to keep you informed. My goal is hopefully something a little deeper – to share pieces that at worst provide great enjoyment in their reading, and at best perhaps change the way you see the world just a little bit.
Here’s to 300 more,
Food for Thought:
- ESPN – Runs in the Family – Credit SF – Kansas City Chiefs running backs coach Deland McCullough went searching for his biological parents. He found them where he never would have expected.
- NYT – A Mother’s Fragmented Identity My partial selves — writer, runner, mother — have become like islands I travel between and my life is the ocean around them, unknowable.
- NewYorker – How Bill Browder Became Russia’s Most Wanted Man The hedge-fund manager has offered a fable for why the West should confront Putin.
- TheAtlantic – Why Kids Want Things. A conversation with a researcher who has studied materialism for almost 30 years
- BuzzFeedNews – Teachers Are Moonlighting As Instagram Influencers To Make Ends Meet One teacher in Texas told BuzzFeed News she makes a $50,000 a year, but made over $200,000 in a year through Instagram.
- Comstocks – The World’s Fastest Man – Credit BB – Things always seem to take too long. When the cable guy says he’ll arrive by noon, we know it’ll be closer to supper. So it was something of a shock when Caltrans announced that its Fix 50 project, a restoration of the W/X Viaduct on Highway 50, actually finished early.
- NYT – Hard Lessons (Thanks, Amazon) Breathe New Life Into Retail Stores
- TC – Jim Grant: The 10 commandments for investing – Credit JC
- 25IQ – Lessons from Chance the Rapper (Value Chains and Profit Pools)
- OM – The Long Goodbye (To Facebook) Yesterday, I permanently deleted my Facebook account. I let go of 300,000 followers, 1200 friends and the blue seal of authenticity. It took me a full year to cut the cord, so to speak.
- NYT – The Last Company You Would Expect Is Reinventing Health Benefits Frustrated with insurers, some large companies — including a certain cable behemoth — are shedding long-held practices and adopting a do-it-yourself approach.
- NewYorker – Gospels of Giving for the New Gilded Age Are today’s donor classes solving problems—or creating new ones?
- Bloomberg – Ten Things I Never Knew About Las Vegas Until I Ran a High-Roller Suite. A stint managing premier client relations at the Cosmopolitan revealed secrets that probably should stay in Vegas. Oh well.
- Kitces – Why (Prudent) Spending Rates Matter More Than Savings Rates. This excellent piece highlights that while most financial advice is focused on how much should be saved, it focuses very little on what is the right amount to be spending. People focus on the 10%, and ignore the much larger 90%.
- Vulture – What Do You Expect From Jonah Hill? The actor and unlikely icon on finding his true calling.