2030 Vision
Happy new year all! In our first post of 2021 we discuss how we think our day-to-day lives will change over the next decade, speak stats on BNPL, obsess over Peter Lynch, and much more.
Dear Clients and Friends of Farrer Wealth Advisors. We are pleased to bring you the Farrer Wealth Biweekly Blast, which includes our latest blog posts, fun facts, and general articles we find interesting. Happy reading and happy investing!
Latest Blog Post
2030 Vision -
Happy new year! This last week we had time to think about how our day-to-day lives have changed over the last decade, how they might change over the next decade, and how this might affect how we invest. Click here to read our thoughts in our latest blog post.
Farrer Fun Fact
Not just for the young - In this latest shopping season, PYMNTS.com did a survey of consumers, and 42% of Gen X shoppers stated that they have made a purchase using a buy-now-pay-later option. This illustrates that the BNPL industry has appeal across all ages.
Articles and Videos of the Week
We are huge fans of Peter Lynch, mostly because he loves teaching about investing through his mistakes. This video about the “10 most dangerous things people say about stocks” is no different, and left us laughing out loud.
An old post, but Matthew Ball penned this excellent article about 10 ways newcomers to streaming could take down Netflix, and we found it has been quite prescient.
This post from the Institutional Investor discusses how the Sharpe Ratio is a broken tool (spoiler: its not the ratio that is wrong, it’s the people who over rely on it).
Li Lu, the founder of Himalaya Capital Management (the fund which Charlie Munger put a bulk of his capital into), gave this amazing talk in 2019. Its full of great life advice for investors/asset managers and was strangely cathartic after a whipsaw of a year that was 2020.
Interactive Brokers founder Thomas Peterffy gave a recent interview on CNBC and mentioned that for the first time in the history of his firm, his clients are short options. Watch here (watch from 2:02 mark).