The Monday Read

Had a really busy week, so fewer links than usual

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Went riding yesterday.

Japan’s been taking a bit of a beating lately. Hope everyone is staying safe out there.

Here are this week’s links:
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  1. Scary stuff. Climate change is coming for all of us: Miami Will Be Underwater Soon. Its Drinking Water Could Go First.
  2. Wholeheartedly agree: I’d rather live big.
  3. A bootstrapped millionaire interview.
  4. Seems somewhat plausible: revisiting the melt-up scenario.
  5. Big changes on the horizon for nenkin? Abe ready to tackle Japan’s retirement age and pension crunch.
  6. This is really good: things fall apart part 2.
  7. An introspective millionaire interview.
  8. Why my ideas never seem to get anywhere here in Japan? Newcomers. 
  9. I’d love to try this someday: the magic of transocean cruises.
  10. Love the ikigai diagram in this post: Monevator’s weekend reading.

Anything good in there? #1, #5, and #9 for me 🙂

Here’s my list of books I am currently reading, just finished, or am about to start:

5 Responses

  1. I love ships, I’d rather go to my company’s get togethers on a cruise ship than flying, but somehow my company is not warming up to that…
    Regardless, I was looking at cruises and oh my there’s some nice ones departing from Yokohama. Like 22 day cruise to Singapore, stopping at some very interesting places on the way and not too expensive either. 188k. Return flight from Singapore, one way at premium economy, ~80k… tempted.

    1. That sounds like a great deal! How about a guest post about your experience when you get back? 😉

  2. Stocks, bonds, real estate, commodities, and cash…
    That sounds a little like “Lions and tigers and bears, oh my!”
    I liked #6 (tho I think it could have been shortened or edited down), and I looked forward to what unfolds in part three.
    “Let’s go back to that definition of diversification. Let’s go back to that central assumption of Modern Portfolio Theory that the investing world is made up of meaningfully different Things we call asset classes and factors, that all of these Things will work over the long haul, but not all of them will work all of the time or in lockstep with each other, so you’re (much) better off owning a mix of these Things rather than just one of these Things.”
    Questioning that POV is an interesting challenge. Are things really different this time?
    For some reason, this makes me think back to a Bain analysis that I think appeared here last spring: https://www.bain.com/insights/labor-2030-the-collision-of-demographics-automation-and-inequality
    I wonder if there’s some way that (if so) these two perspectives might be connected–a post MPT/Markowitzian investment climate, and the kind of changes that the Bain paper forecasts.