(back)
Here's what I've been reading, watching, and listening to:
When I read the headline, my mind was blown. Many of the people interviewed said the stock market returns were not great enough. I understand that perspective if you are backloading contributions, but holy cow, does this feel risky if you are going all-in on a single asset. It is hard to beat the S&P 500 annualized historically, and easy to invest in on a low-cost basis.
Helpful
Mr. Hegseth said: “As President Trump also told me, we’ve repeatedly placed people atop the Pentagon with supposedly the right credentials, whether they’re retired generals, academics or defense contractor executives. And where has it gotten us?”
It has gotten us the strongest military in the world.
A blowout versus expectations
Fantastic conversation