Quote of the Week
If you are allowed one wish for your child, seriously consider wishing him or her optimism. — Daniel Kahneman
There is no formula for success—you just begin and then you continue. I’m often asked how to have a career in stand-up and the answer is confoundingly simple: Do the work. Over and over again, just do the work.— Cameron Esposito
Music of the Week
No Art Festival 2022 | ANOTR | NDSM Amsterdam | 2 Hours Closing Set is an ideal set list by NO ART that I’ve had on in the background while working this week.
Article of the Week
“By emphasizing optionality, these students ignore the most important life lesson from finance: the pursuit of alpha. Alpha is the macho finance shorthand for an exemplary life. It is the excess return earned beyond the return required given risks assumed” is one of many outstanding quotes from The Trouble with Optionality.
Book of the Week
Drive: The Story of My Life by Larry Bird “reveals a side of himself-and of basketball-you’ve never seen before.” The book details his decision to transfer to Indiana State from Bobby Knight’s Indiana Hoosiers, the pain he felt from his father’s suicide, Bird’s failed first marriage, his basketball discipline to be great, why the Celtics are the Celtics, and the intense rivalry with the Magic Johnson and the Lakers in the ’80s. Pair this book with podcasts The ’86 Celtics Interviews (Ep. 11): Larry Bird and The Larry Bird Interview. I also enjoyed watching Larry Bird’s highlights.
Podcast of the Week
Money Stuff: The Podcast is “the audio companion to Bloomberg Opinion’s beloved Money Stuff column hosted by its author Matt Levine and his friend, Bloomberg News reporter and TV host Katie Griefeld.” I listened to all of the podcast’s eposides and can confirm they’re hilarious including Calm Knuckles: SEC, ETF, SPOT, Fruitcases and Nutcases: ETF, ATIC, DJT, Pick up the Phone: Shorts, PSUS, BLS, Hurt People Hurt People: SBUX, LMEs, BofA, Guy on Twitter: PSUS, Left, ETFs, All the Biggest Tombstones: M&A, ETF, Mailbag, Don’t Hate the Player: DJT, Bets, Funds, Blood Farming: Purdue Pharma, empty voting and frozen heads, Just Keep Bidding: MMTLP, PE, ETFs, Xs and Os: Trader U, VORB, QXO, Uncatchable Mouse Jigglers: TSLA, PARA, WFC WFH, T+Lunchtime: Settlement, Musk, Hwang, Equitities in Secaucus: TXSE, PSUS, GME, Bets Are Off: DFV, BUIDL, CFTC, Bad Mondy: Shrimp, Fingers, Brains, Money Failed!: Death Bets, Paramount and Archegos, Fun Shiny Object: FTX, Public, ETFs, Gobblin Hours: 24/7 FTC, Gold, [Beeeeep]$: Elon, Jane Street, Hunterbrook, and Law is Law: DXYZ, MNGO, BLS.
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