Weekend reading logo

What caught my eye this week.

Remember when I said I was going to simplify the compiling of my Weekend Reading links?

Well this one is ridiculously long and took pretty much a day to pull together.1

Is it better for all this heft?

When I first started linking to other blogs like this back in 2008 or 2009, I’d include just a half-a-dozen or so and some well-wishes for the weekend.

Now you need to set aside some time just to read the list of potential articles to read!

I suppose it’s easier than browsing every site for all these stories for yourself. I’m equally sure some would prefer heavier curation.

But simplicity does not come easy to me.

Nearly a decade ago I advocated simplicity in investing as best for most people – yet for some reason I centered my argument around a lecture on anthropological research into child learning behaviours.

Yep, that’s the stuff that made Monevator into the household name it is today!

Um…

Simple does it

I did however come across a really great – and simple – piece in praise of investing simplicity (via Abnormal Returns) this week.

On his Movement Capital blog, investment advisor Adam Collins writes:

It took me a while to realize that the solution to complexity isn’t managing it better – it’s avoiding it altogether.

So simple. Go read it!

From Monevator

How I trick myself into achieving financial independence – Monevator

From the archive-ator: Horizontal diversification – Monevator

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!2

UK businesses slip into deepest downturn since 2016 – Reuters

Natwest launches new digital business challenger bank Mettle [See also Bó below]ThisIsMoney

Marie Kondo is moving into selling stuff that ‘sparks joy’. [Discuss.]Fast Company

Guardian-powered ‘Who Is Rich?’ mini-special

Labour says £70,000 a year makes you rich… – Guardian

Bary Blimp of Bolton thinks he’s “not in the top 5%, not even in the top 50%” on £80,000 a year – BBC

…for the avoidance of doubt, yes, if you earn £80,000 a year you’re in the top 5%… – Guardian

…but the super-rich are on another planet… – Guardian

…or at least in London, where they are ‘rattled’, and seeking old-fashioned security – Yahoo Finance

Products and services

Funding Circle revamps its resale market in bid to improve liquidity – ThisIsMoney

NatWest’s new youth-focused, would-be Monzo-slaying digital bank Bó has launched –

Facebook and iTunes to cryptocurrencies — what happens to digital assets when you die? [Search result]FT

Explained: the state pension, and how the goals will shift in the future – Money Observer

Ratesetter will pay you £100 [and me a cash bonus] if you invest £1,000 for a year – Ratesetter

Hargreaves hit by transfer backlog in wake of Neil Woodford crisis [Search result]FT

Nationwide’s restricted-access regular savings account is the last 5% payer left standing – ThisIsMoney

Should you get a ‘petnup’? – ThisIsMoney

Comment and opinion

Compare your progress to your plan, not to other people – Humble Dollar

It’s not how much – The Motley Fool via Twitter

It’s a great time to get a mortgage, but will rates ever be able to get back to normal? – Simon Lambert

Using first-order thinking to visualize spending decisions – The Simple Dollar

Pizza delivery is for millionaires – Mr Money Mustache

Review: Playing with FIRE documentary [Which is now on general release]Much More With Less

Are banks really magic money trees? [Paywall]FT Alphaville

Naughty corner: Active antics

Did computing power kill value investing? – Institutional Investor

Jim Simons’ Medallion Fund could have charged 50% a year and still beaten the S&P 500 – Of Dollars and Data

Are US stocks overvalued? – Ed Yardeni

My worst investment ever – UK Value Investor

[Political] regime change and valuation – Musings on Markets

Negative interest rates and the perpetuity paradox [Touches maths I mentioned in comments recently]Elm Funds

Politics & Brexit

EU citizens aren’t scrounging on the NHS, contrary to government claims [Data]In Facts

It’s not just Boris Johnson’s lying. It’s the media that let him get away with it – Guardian

Election debate: Conservatives criticised for renaming Twitter profile ‘factcheckUK’  – BBC

The Labour party manifesto in full [The second longest suicide note in history?]Labour Party

Brexit talks: the brutal reckoning that awaits the UK [Search result]FT

Three lions on a beach: a sculpture for the age of Brexit – Guardian

Kindle book bargains

How to Win Friends and Influence People in the Digital Age by Dale Carnegie & Associates – £0.99 on Kindle

The Wealthy Retirement Plan by Vicki Wusche – £0.99 on Kindle

Radical Candor: How to Get What You Want by Saying What You Mean by Kim Scott – £0.99 on Kindle

RESET: How to Restart Your Life and Get F.U. Money by David Sawyer – £0.99 on Kindle

Off our beat

The eight-hour workday is a counter-productive lie – Wired

Long read: how our home delivery habit reshaped the world – Guardian

Rituals and routines – A Wealth of Common Sense

Light pollution is ‘key driver of the insect apocalypse’ – Guardian

Extinction crisis: How can we end the illegal wildlife trade? [Search result]FT

The Google tax – Seth Godin

Forgotten gods – Indeedably

Greta Thunberg, time traveller – Guardian

And finally…

“About once every generation, the markets go barking mad. If you are unprepared, you are sure to fail.”
– William Bernstein, The Four Pillars of Investing: Lessons for Building a Winning Portfolio

Like these links? Subscribe to get them every Friday!

  1. If this sounds crazy, consider that I vet everything. What’s more I read at least five posts or articles for every one that makes it here, and these days ever more of that reading is left until Thursday/Friday.
  2. Note some articles can only be accessed through the search results if you’re using PC/desktop view (from mobile/tablet view they bring up the firewall/subscription page). To circumvent, switch your mobile browser to use the desktop view. On Chrome for Android: press the menu button followed by “Request Desktop Site”.

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