Where the heck are we?
This week we comment on where we think we are in the market cycle, discuss Farrer Wealth's latest offering, and learn from the man who proved you are not a robot.
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
Where the heck are we? This week we do a mid-year assessment of where we are in the market cycle. Despite continual talks of a bubble, fears of fed de-leveraging, and the delta variant, we still think this is a reasonable time to deploy capital. Click here to read our latest blog post.
Farrer Fun Fact
Don’t quit your day job: In a year where we had nearly half a dozen conversations trying to convince our friends not to day-trade, this article put numbers behind the sentiment. It turns out only 1% of all traders make any money. Before you quit your day job, make sure to read the article.
Articles and Videos of the Week
A quick announcement - Farrer Wealth has launched our Managed Solution where we turn our advice into a portfolio built to last, and manage that portfolio on behalf of our clients. If you are an Accredited Investor based in Singapore and would like to learn more, please email me at pratyush@farrerwealth.com.
This Twitter thread about the author’s 10 most memorable stock losses during the last decade was quite insightful.
We were researching the Duolingo IPO and came across this interview of the founder, Luis von Ahn. Turns out he is the guy who invented Captcha, that thing you have to click to prove you are not a robot. I was awestruck by his raw ingenuity. It’s really worth a listen.
This is an excellent piece that discusses why the Chinese tech crackdown is happening now, and why many Chinese Investors are actually not at all that surprised by what is happening.
GoodInvesting Talks is a shockingly underfollowed YouTube channel. The host, Tilman, interviews some of the best up-and-coming managers across the globe. We learned a lot from his recent interviews with Hayden Capital and Worm Capital.