This week’s highlights: Carlton Banks, Selling on Amazon, and an 8,000 Day Retirement
by David Wells – Nashville TN
Happy Friday –
- “We Only Do Good Deals” is Not An Investment Strategy – Part 3 “Water, water, everywhere, but nary a drop to drink” Family offices doing direct deals face the sizable challenge of managing a deal sourcing pipeline of several hundred opportunities per year.
Food for Thought
- NYTimes – How a Massive Bomb Came Together in Beirut’s Port Fifteen tons of fireworks. Jugs of kerosene and acid. Thousands of tons of ammonium nitrate. A system of corruption and bribes let the perfect bomb sit for years.
- TheRinger – Carlton Banks Was More Than Just a Dance Will Smith’s TV cousin is best remembered for his bowtie and love of Tom Jones, but the character was much more complex than that. On the 30th anniversary of the debut of ‘The Fresh Prince of Bel-Air,’ we look back at Carlton’s creation and legacy.
- EducationNext – Charter Schools Show Steeper Upward Trend in Student Achievement than District Schools
- LinkedIN – The four tiers of engagement: What Silicon Valley taught me about collaboration and time management
- CNBC – Fraternities blamed for campus coronavirus outbreaks as universities struggle to keep students in class – Honestly, is this really surprising to anyone?
- Medium – I Created a Dog Eye Crust-Removal Comb — And Made $74K on Amazon Fascinating look at selling on Amazon.
- BE – Amazon’s profits, AWS and advertising
- CIO – Increasing Body of Evidence Bolsters Case for ESG Investing Harvard professor finds they outperform over the long haul, as well as during a market downturn.
- II – All Those Studies Showing Endowments Lost to 60/40? Cherry-Picked Data, Academic Says Not sure I agree with the conclusion here, but does highlight the importance of selecting the right benchmark.
- Morningstar – Busting the Myth That Active Funds Do Better in Bear Markets Investors should focus on the long-term signals, pick their spots, and keep a close eye on costs, based on analysis from Morningstar’s midyear Active/Passive Barometer
Culture / Tech / Science
- IN – 8,000 Days—An entire phase of your life waiting to be invented Retirement planning has not yet caught up to the realities of an 8,000 day retirement.
- Smithsonian Mag – The Inside Story of the $8 Million Heist From the Carnegie Library Precious maps, books and artworks vanished from the Pittsburgh archive over the course of 25 years
- Departures – After Five Decades, Giorgio Armani Continues to Lead the Fashion Industry
- HBR – How to Get Your Resume Noticed (And Out of the Trash Bin) How long does it take a recruiter to decide if you’re right for a job? It’s actually around seven seconds, according to eye-tracking research.
- The Kitchn – The Best Method for Making Bacon