What caught my eye this week.
Sorry guys, I am up against it this evening so no devastating hot take preamble from me today.
As ever though, thoughtful responses on the articles featured this week are more than welcome in the comments.
Have a great weekend!
From Monevator
Should you hold cash instead of bonds? – Monevator [1]
From the archive-ator: Reasons to rent a house instead of buying – Monevator [2]
News
Note: Some links are Google search results – in PC/desktop view you can click to read the piece without being a paid subscriber. Try privacy/incognito mode to avoid cookies. Consider subscribing if you read them a lot!1 [3]
Social Market Foundation proposes 10% capital gains tax on own homes – ThisIsMoney [4]
Small investors take to high-risk punts during lockdown – Guardian [5]
Are banks playing fair when they close the last branch in town – Which? [6]
‘Burrito Bond’ chain Chilango goes into administration – ThisIsMoney [7]
[8]
Mortality rates from Covid-19 around the world – John Hopkins University [9]
Products and services
Robinhood abandons plans to come to the UK, set to delete 200,000 wait list… – TechCrunch [10]
No worries, we’ve already got Freetrade! Sign-up to via my link and we can both get a free share worth between £3 and £200 – Freetrade [11]
Eat Out to Help Out: the restaurants taking part and the discount rules explained – Which? [12]
Club Lloyds customers to earn less interest in latest cut to current account perks – ThisIsMoney [13]
Homes for sale by the sea in the UK [Gallery] – Guardian [14]
Comment and opinion
Dividends are not dead, but your strategy might need recharging [Search result] – FT [15]
There is nothing wrong with a traditional career – Of Dollars and Data [16]
Eight timeless contributions for everyone from Warren Buffett – Validea [17]
Crash test – Humble Dollar [18]
The days of the 60/40 portfolio giving equity-like returns are over – The Irrelevant Investor [19]
Why most people are so bad at stockpicking – Financial Ducks in a Row [20]
Needles in the haystack we call Twitter – Abnormal Returns [21]
Pandemonium – Indeedably [22]
Five midyear questions for disappointed investors – Bloomberg BNN [23]
Now is the right time to hedge against unexpected inflation – Market Watch [24]
Generational wealth inequality – A Wealth of Common Sense [25]
Leasehold mini-special
England’s leasehold system is crumbling. Freeholders’ fightback will be nasty – Guardian [26]
Should we ban leasehold property? [Search result] – FT [27]
Naughty corner: Active antics
What does the democractization of share trading mean for valuations? – Medium [28]
Debt investment trusts: For the brave only – IT Investor [29]
Active management has become a game of musical chairs – Behavioural Investing [30]
Mid-year FTSE and S&P CAPE ratio review – UK Value Investor [31]
A deep dive into Bill Ackman’s new SPAC – CNBC [32]
Is hedge fund secrecy a sign of skill or a red flag? – Institutional Investor [33]
Tesla agnostic – Ramp Capital [34]
Stocks suffer a seasonal headwind, starting now – Sentiment Trader [35]
Coronavirus corner
America is sleepwalking towards catastrophe – Vox [36]
25 Swedish doctors warn against the Swedish response to Covid-19… – USA Today [37]
…yet fact is daily deaths are now down to single digits, without a lockdown – BBC [38]
Fermented cabbage may provide some protection against Covid-19 – Eat This, Not That [39]
The pandemic / lockdown seems to have reduced the number of babies born prematurely – NYT [40]
In Italy, the coronavirus exposed the West’s weakest link – The Atlantic [41]
Brexit
UK must “face possibility” of no deal on future with EU by end of transition – Sky News [42]
Marina Hyde: Get set for the next round of Britain’s Brexit brinkmanship – Guardian [43]
Kindle book bargains
Drink?: The New Science of Alcohol and Your Health by Professor David Knutt – £0.99 on Kindle [44]
The Economics Book: Big Ideas Simply Explained by Niall Kishtainy- £1.99 on Kindle [45]
When Genius Failed: The Rise and Fall of Long Term Capital Management by Roger Lowenstein – £0.99 on Kindle [46]
The Hidden Life of Trees by Peter Wohlleben – £0.99 on Kindle [47]
Off our beat
Researchers find earliest confirmed case of smallpox in the Viking era – Guardian [48]
Forget getting credit. Do the work – Ryan Holiday [49]
Boom time for death planning – New York Times [50]
The parrot king – Audubon [51] [via Abnormal Returns [52]]
And finally…
“Investment is essentially the arbitrage of ignorance.”
– Jim Slater, The Zulu Principle [53]
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