Tim’s Top Links – 5/21/19

While I was at the gym this morning, I glanced up at the TV playing CNBC and saw the headline: “Morgan Stanley says worst case Tesla goes to $10”.

My first thought was: “Wouldn’t $0 be the worst case?” and my second thought was “Didn’t they say YESTERDAY it could go to $4,000?”

I guess my point is don’t read into the sensationalism on CNBC too much.  It’s purely for entertainment, not action.

Here’s what I’ve been reading this morning:

‘Stop the Financial Pornography’ – Nick Maggiulli – Of Dollars and Data

  • Too many headlines/articles make financial exceptions seem more common than they are, and Nick has finally had enough!

‘The Best Kind of Learning’ – Michael Batnick – The Irrelevant Investor

  • When you choose to read books on your own versus being told to read them by someone else, the effects the book can have are more significant.

‘Love and Money’ – Daniel Crosby – Blinker Capital Blog

  • The biggest source of worry for married couples is money, but many don’t openly discuss it.  Daniel offers a few solutions in his latest post.

‘Sunk Costs, Todd Frazier, and Moving On’ – Mullooly Asset Podcast

  • Last week’s podcast had Brendan and Tom discussing the concept of sunk costs with investments, and related to the struggling Mets third baseman.


069 – Tyrone Ross Jr. – Cryptocurrency 101 & Financial Inclusion

In Ep. 69, Tim talks with Tyrone Ross Jr.  They introduce the topic of cryptocurrency to the podcast in words that everybody can understand.  They also talk about removing the layer of exclusivity Wall Street seems to have, and increase financial inclusion to everybody!  They continue a prior discussion Tyrone had about diversity in the financial services industry and much more!

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068 – Jeff Ptak – Morningstar

In Ep. 68, Tim talks with Jeff Ptak – Global Director of Manager Research for Morningstar.  They discuss some of Morningstar’s research and which piece Jeff personally finds the most interesting.  They also talk about some of Jeff’s blog posts covering topics like asset location, reasons to move on from a mutual fund, the effect fees are having on the industry and more!

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