I hope you’re doing well and having a great week.
Please see this week’s articles, chart, and quote below, along with a link to my first quarter, 2021, investment commentary.
The Craziest Market I’ve Ever Seen
Nick Maggiulli, Of Dollars and Data
The joke as investment idea has arrived.
Timeless Lessons From My Decades in Finance
David Booth, Dimensional Fund Advisors
Billionaire David Booth reflects on what he has learned and what he wishes every investor knew.
How the Pandemic Did, and Didn’t, Change Where Americans Move
Jed Kolko, Emily Badger, and Quoctrung Bui, The Upshot (The New York Times)
Migration patterns during the pandemic have looked a lot like migration patterns before it. Some smaller regional metro areas and vacation hubs benefited. But in general, areas that were already attracting new residents kept attracting them. Those that were losing migrants lost more.
Mortgage rates bottomed at 2.65% in January and have been moving higher since.
“Money is like manure; it’s not worth a thing unless it’s spread around encouraging young things to grow.”
– Thornton Wilder
Written by Will This Week
First Quarter, 2021, Investment Commentary
Further economic stimulus, continued vaccination progress, and overall positive sentiment contributed to a positive start to the year.
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