Two articles this week on how investing is hard– one about why rich people are bad at it and one about how everyone is bad it. Fun!
- Investing for the Elite. Barry Ritholtz. Wealthy people don’t always know how to invest either.
- Math Work. XKCD. I love this comic but this particular strip is a favorite. I’ve noticed many times in my life that “bad at math” people severely overestimate how easily math stuff comes to “good at math” people. Embrace the frustration!
- Abandoning a Cat. Haruki Murakami. New Yorker.
- Why Is Middle School So Hard for So Many People? The Atlantic.
- Day Trading for a Living? SSRN. If you think you can do it, you’re wrong.
- Looking back at the Snowden revelations. Matthew Green, Cryptography Engineering.