Cool and wet edition
I am loving these lower temperatures, although the torrential rain is getting a bit old. Can’t please me, I guess!
This week’s links
- Pray that you never have to depend on the kindness of bureaucrats: Bread & Roses: Welfare in the Age of Climate Change
- I couldn’t figure out if he is squatting or has actually rented/bought it: This Man Lives in an Abandoned Japanese School
- Some of those crashes… damn: Why Even the Best Stocks Have to Crash
- It makes perfect sense for people and companies to hoard money against uncertainty, and the government’s job is to reduce that sense of uncertainty: Japan’s households, firms keep hoarding cash at record pace as COVID-19 strains broaden
- There are levels to this stuff: The Spectrum of Financial Dependence and Independence
This may be the shortest Monday Read ever! Apologies. I quite enjoyed the video of #2.
This week’s books:
- Where is my flying car? by J Storrs Hall. This book about technology came recommended by the Marginal Revolution blog. Looking forward to getting into it.
- The Psychology of Money, by Morgan Housel. Love this guy, had to buy his newest book.
- Among the Thugs, by Bill Buford. This book about English football hooligans is good so far (I’m a few chapters in).
#3 — he lists eight stocks/companies. I wonder how you’d do with a portfolio of those eight stocks over the coming 10 years?
And #2 — my wife’s music group practices at a “studio” just outside of town that was formerly an elementary school. It’s done up pretty nicely, mostly caters to music practice–so with taiko and other things (amplifiers) noise is not an issue. Most rooms have a piano, one/two have a grand, there’s an actual recording area, and the rooms in general have had some acoustic treatments added.
It’s run by the city, fees are minimal, and they are even able to leave taiko there indefinitely.
#2 – I’m guessing he pays rent to the city government?
I enjoy your posts every week, Ben. Would like to get started in investing but not sure exactly how and just need a push in the right direction.
You have to expect more rain than usual this year. It may be the wettest year on record. After all it is Rei2 all year 😉 -;)
Aptly named, I thought!
:tup
(hope that comes thru)
#1 – especially in Japan. They take the concept of “he ain’t heavy, he’s my brother” and try to expand it to “he ain’t heavy, he’s my husband’s cousin”.