14 Jun Weekly Reads: 6/10/2019
Investing: 10 Things People In Finance Should Never Say – click here
As advisors, it is easy to fall into the trap of saying generic information and/or speaking in industry speak. This article serves as a good reminder of what to avoid saying for those of us in the business.
Investing: Are Markets Becoming Less Competitive? – click here
For many small investors getting a fair deal amongst all the giants on investment can seem impossible. This article looks at how some the modern market is becoming less competitive.
Politics: Trump Says Devalued Currencies Put U.S. At Disadvantage – click here
Trump has long been championing the idea that the U.S. dollar should be devalued in order to better compete with their foreign competitors. This article looks at his reasoning and why many more knowledgeable in the field disagree.
Technology: Calls to Breakup Large Tech Get Louder – click here
In the case of large U.S. tech companies, Elizabeth Warren simply won’t go away. She remains committed to the idea of breaking up the largest U.S. tech companies. We view this as a bad idea.
Real Estate: KKR Doubles Down on House Flippers – click here
Post the financial crisis there were lots of people who made a fortune in flipping distressed properties. While investors are no longer finding the deals in renovations a lot of smart money is turning toward financing those who are flipping houses.