Curated reads for March 20, 2021
We share the latest memo by Howard Marks where he states ‘This past year challenged many preconceived notions about the economy, markets and policy – and even changed the way we live. But the inescapable truth of investing remains unchanged: there is no magic answer, no solution (other than superior skill) that will enable an investor to earn a high return safely and dependably. And that‘s especially true in today’s low-return world’ Read more
DID YOU KNOW?
Of the 5,586 companies older than 200 years in 41 countries, 56% of them were in Japan. Are there some lessons from Japan we can take away about sustainability in a world fascinated by high growth start-ups? Read more
We’re living through Earth’s sixth mass extinction, many argue, this one caused by human activity. Habitat loss and overharvesting aside, a major challenge is the sheer pace of change—of warming, of the human-aided spread of pathogens, of the transport of invasive species around the world. Biologists worry that plant and animal genomes can’t change quickly enough to keep up. But maybe, in some cases, their microbes can. Read more