Businesses, Stock Markets & the Economy

Watch- this 4 min. video> Stocks Are Hard to Hold During Drawdowns (Barry Ritholtz)

“Why Drawdowns are a Feature in the Markets”

Good News and Bad News About the Market (Ben Carlson)

“It feels like it’s all bad news right now but the way I look at it is those losses are sunk costs.

The past is the past and all that matters is the path forward.”

Your Finances & other Wealth Management links

How to Figure Out if You Can Actually Afford That New Home. “It’s tempting to jump into the home-buying frenzy. But with prices up and mortgage rates surging, make sure you do the math first.” (The New York Times)

The Rich and the Wealthy (Morgan Housel)

“These definitions are my own, but here’s the distinction: Rich means you have cash to buy stuff. Wealth means you have unspent savings and investments that provide some level of intangible and lasting pleasure – independence, autonomy, controlling your time, and doing what you want to do, when you want to do it, with whom you want to do it with, for as long as you want to do it for.”

The Environment & ESG (Environmental, Social & Governance) Investing

Bottled Water Giant Bluetriton Admits Claims of Recycling and Sustainability Are “Puffery” “BlueTriton, owner of Poland Spring and other brands of water packaged in plastic, stated in a court filing that its claims of sustainability are “vague and hyperbolic.” (The Intercept)

Your Physical & Mental Well-being

Can Certain Foods Really Stave Off Dementia? “Here’s what the science says about whether your diet can counteract cognitive decline.” (The New York Times)

Would I do it tomorrow? (Austin Kleon)

“There’s a question that helps you avoid accepting invitations you’ll later regret: “Would I do it tomorrow?””

This Week’s Serendipity

Visualizing Companies with the Most Patents Granted in 2021 (Visual Capitalist)

Source: Visual Capitalist