This week’s highlights: Quiet Quitting, Capital Allocation, Gene Editing
Happy New Year –
Welcome back to the real world after the 2 week long-weekend that marks the end of December…I hope your holidays were great and that you stayed warm in the crazy cold snap.
Original Content:
- What I Read During Q4’22 – I previously posted a list of my favorite reads from all of 2022, I do post a complete list with a few pithy thoughts on each. Here is Q4’s list.
Cheers,
David
Topic of the Week
- WSJ – China’s Myth of Communist Competence. Xi Jinping was preparing to dominate the globe. Instead he faces one crisis after another at home.
- KQED – Young adults are struggling with their mental health. Is more childhood independence the answer?
- NewYorker – The Year in Quiet Quitting. What matters is that Generation Z is waking up to the fact that the unnatural melding of self and work induced by an adolescence lived within online spaces isn’t sustainable. They’re finally—thankfully—ready to ask what should come next
- NYT – ‘Luddite’ Teens Don’t Want Your Likes. When the only thing better than a flip phone is no phone at all.
- RyanHoliday – All Success Is A Lagging Indicator
Other Great Reads
- Foxnews – The ‘heart-wrenching’ source of electric vehicle, iPhone batteries in viral video. The people of the Congo dig in ‘subhuman, gut-wrenching conditions for a dollar a day’ in cobalt mines
- EED – Who is the Wealthiest Generation? Interesting things when adjusting figures on a per capita basis
- FT – The 2023 outlook research report dump. Compilation of all the 2023 market forecast reports produced by the large banks / asset managers
- MorganStanley – Capital Allocation. Capital allocation is an essential part of creating value and is one of management’s prime responsibilities. Not all senior executives know how to allocate capital effectively.
Looking Toward the Future…
- BBC – Base editing: Revolutionary therapy clears girl’s incurable cancer
- TheFP – Drink Your Way to Sobriety in 2023. A little known treatment upends all conventional wisdom about alcoholism.
- WSJ – When Will Nuclear Fusion Energy Be Ready for Prime Time? Watch These Three Numbers
- National Institutes of Health – Clinical Effects of Regular Dry Sauna Bathing: A Systematic Review. Very interesting – Regular dry sauna bathing has potential health benefits. More data of higher quality is needed on the frequency and extent of adverse side effects.
- TFP – The Reason There’s Been No Cure for Alzheimer’s. – The more you read, the more you realize that while the scientific method purports to be objective, it happens within social systems that are anything but…
My Book:
When Anything is Possible – Wealth and the Art of Strategic Living
- Does how you handle your wealth actually align with what you care most about in the world?
- Do you feel like you are pro-active and intentional with your financial affairs or entirely reactive to a busy world?
Growing financial wealth is a natural occurrence on the path to success. While this should make life easier, that is not always the case. With greater wealth, comes great opportunity and an overwhelming number of choices to make.
When Anything is Possible is the guidebook about how to engage strategically with wealth. It will help you change your wealth from something overwhelming and all-consuming towards a resource to be deployed to help you positively impact the things that you value most.
If you are interested in learning more, visit here and download a free chapter.