(Not) Boring Finds for May 2017
This month we came across a thoughtful analysis of the MSCI indices and possible parallels between Japan’s (historical) and America’s (current) dominating market weights; got a fresh take on financial literacy from a San Quentin inmate; discovered a holistic approach to saving money; affirmed that predicting the future is futile; and learned from the top dog himself how Amazon keeps the vitality of Day 1 to avoid the stasis and irrelevance of Day 2.
The Economist (Buttonwood) — America’s disproportionate weight in global stock market indices
Why a closer look at America’s stock market weight on the MSCI index may be important—particularly for those looking at an index fund as a potentially “lower-risk option.”
A unique and poignant perspective on overcoming financial illiteracy.
Collaborativefund.com — Let me convince you to save money
This article offers practical reasons for why you should save, regardless of your income level or investment returns.
World Economic Forum — We’re moving fast. But nobody knows where we’re going
Rapid technological shifts have muddied the predicting and planning waters in business, so, “the sooner we realize that long-term forecasting is becoming obsolete, the better we’ll be able to cope with the new reality.”
Jeff Bezos’ annual letter to shareholders serves as a fascinating window into his management philosophy.