Make investing boring again!

With trading in complex derivatives with global exchanges occurring in nanoseconds with high-speed computers, no one knew what was going on in real-time, and volatility in one part of the network spread very fast. According to Haldane, in the build-up to the financial crash, many bankers had ‘an exaggerated sense of knowledge and control’.

Ian Scoones

Investing

Don’t learn the wrong lessons from the Dotcom Crash

Investing: The Greatest Show On Earth

The solution to 90% of financial problems is “save more money and be more patient.” Nothing is more powerful or more capable of moving the needle. But it’s so boring. It makes you sound like a kindergartener. Smart people don’t want to devote their careers to it. They want derivatives, high-frequency trading, offshore tax shelters and The Lightning Round.

Markets

The coming consumer boom

Economics

What pastoralists know. Pastoralists are experts in managing extreme variability. In a volatile world economy, bankers should learn how they do it

What Happens When Investment Firms Acquire Trailer Parks

Electric vehicles

The Battle of Thacker Pass. Electric cars require a lot of lithium. A showdown in Nevada shows that getting it won’t be easy.

Silicon valley

How to Become an Intellectual in Silicon Valley

Technology

How Facebook got addicted to spreading misinformation

Crypto

Bitcoin is a mouth hungry for fossil fuels

Oddities

The Greatest Pool Player In History Just Wanted To Hustle

Visuals

FT

Tweets

Leave a Reply

%d bloggers like this: