Tim’s Top Links – 5/20/20

There’s been a lot of discussion continuing about what the economic recovery could look like.  Economists are saying it could be U-shaped, or L-shaped, or V-shaped.

In Ep. 307 of the Mullooly Asset Podcast, we talked about why we think it will be Y-shaped (as in “why” does this matter).

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

‘The Three Sides of Risk’ – Morgan Housel – Collaborative Fund

  • This could be the most important piece I’ve linked to all year.  Morgan shares a chilling story from early on his life that forced him to learn an extremely important lesson.  I don’t want to spoil any more, so please go give this a read.

‘On Negative Oil and Futures Prices’ – Drew Dickson – Albert Bridge Capital

  • The world saw oil futures contracts dip negative last month for the first time ever.  In his latest post, Drew explains the difference between oil prices and oil futures prices, and how important it is to understand what you’re getting involved in.

‘Setting Boundaries’ – Marc Bisbal Arias – Humble Dollar

  • This article outlines how difficult it is to practice what you preach, especially in investing.  There are so many temptations to do the opposite of what we know to be the right thing.  Marc shares three boundaries he’s set for himself to make investing a little easier for himself.

‘Post-pandemic, Remote Learning Could Be Here to Stay’ – Jessica Dickler – CNBC

  • The COVID-19 crisis has shed light on our school systems flaws when it comes to remote learning, but this article outlines how it could be something that is here to stay, at least in some capacity.

ENJOY!

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