Morning back to my work train WFH reads:
• Institutional investors see resilience in commercial real estate: The industry will change forever following the pandemic, but portfolio managers are hoping for rebounds. (Chief Investment Officer))
• Why XERS and Millennials give children more money than baby boomers: Older generations fear losing everything, while younger adults fear that rising costs will put their children's future at risk. (Baron's))
• Underestimate Elon with your danger. Only fools think Elon is incompetent. As an industrialist, Elon is unparalleled with Americans in the history of this country. His closest competitor of the title, Henry Ford, failed in the aerospace industry. (Nohopinion)) Please refer Is Elon Musk still interested in selling cars? Musk, one of Trump's main advisers, has not outlined plans to reverse the decline in sales for the electric car company he is the CEO. (New York Times))
• Why Germany's confidence has been crushed and its economy is Kaput: Historians and economists say risk-averse leadership holds back Europe's biggest economy. (Wall Street Journal))
• Probability and Payoffs: Practicality and Psychology of Expected Value: The main challenge for investors is finding opportunities to have a gap between price and value, price is fairly simple and value is the challenge to evaluate. A common approach to estimating value is to consider the expected value, the sum of the products in various rewards, and the associated probabilities. We'll explain how these ideas can help you invest in different asset classes. (MS Counterpoint Global))
• The American Dream is not a coin flip, wages are not stagnant: These arguments are technical and it's easy to dismiss methods that Doomers don't like. Rather than getting into the weeds, it's easy to assert the mantle of populism and tell Americans that “it's right to trust your own eyes and eyes.” (Civitas Institute))
• Why did I no longer care about raising everyone's thoughts?: Critical thinking and natural selection of Socrates' paradox. (Today's Psychology))
• The future looks like a latty: In a warm world, urban mice are thriving. There is a simple solution, but implementation is not easy. (biography))
• Are federal workers lazy? Let's take a look at the data. We investigate how these people were working for government pay as Elon Musk's US Doge service targets federal workers. (Washington Post))
• Strange new putting techniques that drive the golf world perfectly: An unorthodox putting technique called Aimpoint continues the sport. Not everyone is happy about it. (Wall Street Journal))
Be sure to check out the Master of Business Interview This weekend, Greenwich Associates founder Charlie Ellis (1972) is the chairman of Yalepeament's investment committee and a trustee of Yale, a member of the Vanguard Group's board of directors. He is the author of 21 books.Win the loser's game” (currently the 8th edition). His latest book is “Rethinking Investment: A Very Short Guide to Very Long-Term Investment.”
Median U.S. home prices and affordable housing prices by state
sauce: how much
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