My end-of-week morning prepare WFH reads:
• Drowning Doesn’t Look Like Drowning: The Instinctive Drowning Response – so named by Francesco A. Pia, Ph.D., is what folks do to keep away from precise or perceived suffocation within the water. And it doesn’t appear to be most individuals count on. There may be little or no splashing, no waving, and no yelling or requires assist of any form. To get an thought of simply how quiet and undramatic from the floor drowning may be, think about this: It’s the quantity two explanation for unintended loss of life in youngsters, age 15 and below (simply behind automobile accidents) – of the roughly 750 youngsters who will drown subsequent 12 months, about 375 of them will achieve this inside 25 yards of a mum or dad or different grownup. (Mario Vittone)
• Portfolio Air pollution: The backside line is that corporations that pollute the surroundings and buyers’ portfolios with little or no ramifications are free riders at their worst. (A Teachable Second) see additionally The Secret to Compounding: Whenever you handle at the moment, tomorrow takes care of itself. (Micro Cap Membership)
• Remembering moments once I thought issues took a everlasting flip for the more serious: One of many advantages of growing older as an investor is that you simply accumulate invaluable expertise and perspective by residing via quite a lot of very unhealthy financial and monetary market occasions. These embrace occasions when, within the second, it felt like issues had completely taken a flip for the more serious. However time after time, you’re reminded that you could’t hold the U.S. financial system and inventory market down for very lengthy. (TKer)
• The Tech Trade Is Big—and Europe’s Share of It Is Very Small: A risk-averse enterprise tradition and complicated rules have stifled innovation on the continent, weighing on its future. (Wall Road Journal)
• UBS deploys AI analyst clones: Zurich-based financial institution utilizing OpenAI and Synthesia fashions to create lifelike avatars of its consultants. (Monetary Occasions)
• Meet the ‘Stealthy Rich’ Who Make Their Cash the Boring Means: The highway to riches is paved with cup holders, burgers and miles of elementary college carpeting. (Wall Road Journal)
• Apps You’ll Need to Tackle Trip: A Digital Packing Checklist Your baggage could also be able to go, however do you actually have every little thing you want? Listed below are some apps that may make your travels smoother, safer and extra enjoyable. (New York Occasions) see additionally The perfect safe browsers for privateness: Professional examined If you need a browser centered on safety, you should know its strategy to privateness and knowledge assortment. These are one of the best safe browsers of 2025. (ZD Internet)
• Delete Your self, Half 2: Your Private Information on the Darkish Internet: Find out how to lock down your funds and on-line accounts after an information breach spreads your data to the key corners of the web. (Wall Road Journal)
• Dance Music Is Booming Once more. What’s Totally different This Time? A Lot. Followers emerged from pandemic lockdowns primed to hit the ground. Now on-line platforms are bringing contemporary sounds and budding stars to greater audiences worldwide. (New York Occasions)
• Contained in the NBA’s hand care obsession: The official NBA rulebook forbids the on-court use of any international substance “designed or meant to supply … a aggressive benefit.” Nonetheless, in accordance with league memos, specific exemptions are allowed for 3 classes: “Rosin Powder,” “Chalk or Liquid Chalk” and “Hand Lotion.” (ESPN)
You’ll want to try our Masters in Enterprise this week with Ron Shaich, Ron is the founder and former Chairman and CEO of Panera Bread and of Au Bon Ache (Bought for $7.5 billion in 2017). He’s the present Chairman and lead investor in CAVA, (NYSE: CAVA), a quick informal Mediterranean restaurant chain; in addition to Tatte, Life Alive, and Level99.
Inventive Destruction, FTW (Once more)
Supply: AEI
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