Basic income, pre-funerals, and the good life
Woo, it’s Sunday evening again. Where did the time go?
(people that know me know exactly where the time went -it’s going to be a rough month or two work-wise)
Hopefully you are doing better 🙂
Here are this week’s links:
​What do customers want? The illusion of loyalty.
We’re working on this: create your own basic income before it is too late.
Can’t argue with this: a strong case for indexing.
The best age to get your public pension? As late as possible.
Speed kills, even in investing: nobody wants to get rich slowly.
Monevator’s weekly roundup and Jason Zweig’s wisdom.
Down to Earth millionaire interview.
Do you also think you are a better than average driver? Playing in traffic.
​Eeek. Diversify, diversify: how about now.
Stocks tend to go up, except when they don’t: double digit returns are the norm for the stock market.
Like this idea, but the timing seems tricky:Â Japanese executive known for ‘pre-funeral’ dead at 81.
I’ve never experienced a market correction directly. Might not matter: experience is overrated.
Seems fair to me. Government eyes stripping ownership rights to unattended land.
Japan’s population sees record population drop. Again. Maybe this is not news.
How the 0.1% live: how a tech billionaire invests.
​Want to die a millionaire? Old story.
This is really good and probably worth twenty minutes or so: the psychology of money.
Really interesting long read on tech companies: invisible asymptopes.
What makes a good life? Probably not cocktails on the beach…
Which one was your favourite? I’m going to have to go with the basic income one.
Monday morning here, just reached the office. Things are slow today, so I opened all the articles in multiple tabs and will read all of that before lunch 🙂
Living the life! 😉
I feel Steve’s take on how Japan is innovative and ahead of the pack is a bit naive, or an idealized version of Japan.
Robots in Japan are nothing but gimmicks. They don’t do anything actually useful or in an efficient way.
My sister in law still had to use a book to look up a postal code because here boss would not let her use the one computer in the company to do such a lookup. That is how I feel Japan Inc. maintains a high employment rate: by being exceptionally inefficient.
Cool article otherwise
You really have to work here in a ‘normal’ company or government environment to get it.
I think the labour crunch is going to spur automation. You can see it already in shops and restaurants. Once a convenience store chain figures out a good way to go staffless we’ll be off to the races.
Amazon has a prototype store open in Seattle, so I would imagine Japan will have a working model up in 50-80 years.
Ha, ha. I give the convenience store chains a bit more credit than that, and they certainly have the inventive to work on this 🙂
Looks like they moved/took down the “pre-funeral” article on Nikkei Asian Review, and I can’t find an alternative URL for it.
That’s a shame. To be honest though, the most interesting thing about that article was the concept of having a funeral when you are still alive (he had a terminal disease).