This week’s readings/links include a look at the people who repair the world’s most important infrastructure, the All Equal Podcast on examples of bad investment advice, Russell Napier’s 21 lessons from financial history for the way we live now, the WSJ on the obvious but overlooked warning signs from China’s real estate boom and RIT Capital Partners’ 2023 annual report.
- The Verge: The cloud under the sea (must read!).
- All Else Equal podcast: Examining bad investment advice.
- Russell Napier: 21 lessons from financial history for the way we live now.
- WSJ ($): The folly of China’s real-estate boom was easy to see, but no one wanted to stop it.
- RIT Capital Partners: Annual report 2023.