This week’s highlights: Anthony Hopkins, Inflation, River Reading
Issue 417
Happy Friday!
Nashville goes on Spring Break next week, so Fifteen on Friday will return the week of the 22nd
Original Content this Week
Regards,
David
Food for Thought
- NewYorker – Anthony Hopkins Remembers It All Great interview with the lauded actor.
- Forbes – Leaving The ‘Firm’: What Prince Harry And Meghan Markle’s Choice To Separate From The Crown Mean For Family Businesses This is a helpful additional perspective of considering the monarchy as a form of family business.
- Marketwatch – Vir Biotechnology shares surge after COVID-19 antibody drug shown to reduce risk of death Another interesting data point – are we entering a golden age for biotech?
- YouTube – What Makes This Song Great?™ Ep.90 Nirvana “Smells Like Teen Spirit” Released 30 years ago (ouch!), this Nirvana track arguably changed the direction of rock music. This is a great look / deconstruction of the elements of why the track was such a massive hit.
Business
- JPM – Magic Money Trees? You Bet Interesting thoughts on inflation risk
- Capital Allocators – Uncorrelated return and balanced risk at Evoke-Aris This was a really thoughtful and thought provoking interview. A deep look at correlations in portfolios, the role of alternatives, and the case for risk parity. I still have a hard time believing that prospective risk of a large, long duration Treasury position is anywhere equivalent to the past. It would seem that the volatility of the last 30 years is highly unlikely to be repeated for the next 30
- Kitces – The Financial Advisor As Curator And Redefining The Value Of Financial Expertise, With Jason Zweig
- CNBC – A family of 4 can get up to $5,600 with the third stimulus— what to do with it – featuring yours truly.
- Directors and Boards – Ed Garden on an “Ownership Mentality” for Boards As chief investment officer and a founding partner of Trian Fund Management, L.P., Ed Garden has influenced some of the largest corporations in the U.S. Garden discusses the benefits of “having skin in the game” as an investor and a director whose active engagement often leads to a company’s turnaround and sustainable success.
Culture / Tech / Science
- WFU – Reading the River A fascinating profile of the “river keeper” of the Yadkin river in North Carolina.
- Contrarian Edge – How do I Work?
- WashPo – Jaw-dropping drives power Bryson DeChambeau to win at Bay Hill – 370 yards over water – no biggie
- WSJ – Atlanta’s Crime Wave Makes Some Residents Look to the Suburbs These numbers are breathtaking – In the police zone that includes Buckhead, robberies were up 40% from the same period last year and aggravated assaults rose 35%.
- BBC – Formula 1 2021: New cars gallery Preseason testing started today in Bahrain. Here’s a look at the cars this year. If you haven’t watched Drive to Survive on Netflix – here’s the trailer for Season 3 which debuts next week.
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