Cruising Economics
This week we turn a recent vacation into a case-study, find out where happiness comes from, and rethink portfolio construction.
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
Cruising Economics -
We went on a short-holiday and turned it into a mini-business case study. Whether you’re interested in the economics of the cruise industry or just looking for ideas for your post-pandemic vacation, our latest blog is for you. Click here to read it.
Farrer Fun Fact
Value vs Growth (Part II): Following up on our newsletter two weeks ago, it seems that value investors may have a reason to celebrate as 2021 is showing significant outperformance of the S&P 500 Value index (VOOV) versus the index as a whole and its growth (VOOG) counterpart. If the trend continues for the year, it could indicate some reversion to the mean, which many market participants had declared dead.
Articles and Videos of the Week
It turns out money does actually buy happiness. The Visual Capitalist charted mental well-being versus income levels, and the results won’t be welcomed by many.
We really enjoyed this post about how we might have been wrong about podcasts killing radio. However, this other thing might.
This paper from NZS Capital is a fantastic read on how to think about investing along the S-Curve of innovation. It has some interesting ideas on portfolio construction and definitely left us pondering our investment decisions. (sourced from LiviamCapital’s substack)
In case you want to find out more about NFTs, no better place to start than understanding Top Shot and how its making overnight millionaires. This article will help understand the latest craze.