Every week, we’ll point out a few of our favorite resources/articles/news that actually provide value.
Chamath Palihapitiya: Skip government bailouts, put more money ‘into the hands of consumers (6 Minute Video) – A quick background on Chamath followed by a few minutes of genius.
The ‘death of valuation’ and what it could mean for investors going forward (5 Min Read) – Warren Buffett in 1967, the growing dominance of growth stocks, and one firms realistic prediction. Short and to the point.
Robinhood Has Lured Young Traders, Sometimes With Devastating Results (5 Min Read)– A sobering perspective on Robinhood… maybe don’t bet the house! The stock market is not meant to be a boredom driven casino.
Two-thirds of laid-off workers may temporarily be receiving more money in unemployment benefits than they did from their jobs (5 Min Read) - 68% of jobless workers brought home more money with the CARES Act unemployment benefit, and 1 in every 5 nearly doubled their lost earnings with unemployment.
Why This is Unlike the Great Depression (Advanced 30 Min Read) – A great comparison to the Great Depression and why the COVID19 recession is just not the same… advanced yet highly enjoyable read. Warning: May still put you to sleep.