The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for a long weekend of reading.
• The Life Cycle of a Market ChampionThroughout history, certain companies have dominated the stock market, but the process of creative destruction makes it very difficult to remain at the top for long periods of time.Bridgewater)
• Best investment ever: The pros and cons of owning a vacation home (A treasure trove of common sense) reference Top 10 upgrades that will help you sell your house for more than asking price: And we’re talking tens of thousands more.House Beautiful)
• How Rivian Became the Anti-TeslaThis startup convinced Elon-hating car buyers to pay $70,000 for its EV. Now it’s time to make money.Business Week)
• Why is the advice less effective? (Or at least, more effective?): But I’m sure a lot of good advice gets ignored because people sometimes ask me for advice, ignore it, struggle, and then come back at the end and explain my advice as if it were something new. (Maybe I do the same.)Dynomite)
• The incredible story of what happened to Pablo Escobar’s starving hipposAfter the death of a notorious drug lord, his pet hippos are multiplying, wreaking havoc on the ecosystem and terrorizing the local community.Smithsonian Magazine)
• Jerry Seinfeld’s life secrets he learned from Esquire: The only thing of value is a skill to be acquired.The Washington Post)
• Why Donald Trump picked J.D. Vance as his vice presidentThe Ohio senator is the former president’s attack dog, but he’s also a new and interesting presence: the fuse that Trump lit.New Yorker) reference 55 things to know about Trump’s running mate, J.D. Vance Donald Trump’s pick for vice president has done a 180-degree turn from a fierce critic of the former president to a Bulldog surrogate.POLITICO) reference What J.D. Vance Really Believes: Explaining the dark worldview of President Trump’s pick for vice president.Vox)
• Horses, guns and swords: cumbersome equipment comes to the OlympicsAthletes are responsible for transporting their own luggage to the Paris Games. This is more complicated in some sports than others.The Washington Post)
• Judd Apatow’s “Bob and Don” Watch this short film about the lifelong friendship between Bob Newhart and Don Rickles, two men who at first glance seemed incompatible.New Yorker)
• Why Donald Glover is breaking up with Childish GambinoHis new album, “Band Stone & the New World,” due for release on Friday, tells a story about the possible end of the world and the conclusion of his musical projects under different names.The New York Times)
Be sure to check out Business Masters this week Greg Peters, Co-Chief Investment Officer PGIM BondsHe also serves as co-head of the PGIM Fixed Income multi-sector team. Mr. Peters is a member of the Fixed Income Analysts Society and the Fixed Income Market Association. Mr. Peters was the 2019 Global Multi-Asset Credit Pension and Investment Provider of the Year.
