Here is another post with five Best of Web links I have found worthy to share with you: Another 52 things learned in 2021, latest by Morgan Housel on the power of stories and more, every mass shooting in the US, must read on masks and a webpage to bookmark with all the numbers you will need for taxes as in the 2022 Tax Fact Sheet and Calendar via Morningstar.
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The Best of Web posts are much shorter in length with material that is a notch or two above what you see in the regular TBB posts.
Click on the headline for the link!
Kottke’s 52 Things I Learned in 2021
I see more people doing this type of post lately. And I love them! A few selected ones:
There’s a Boeing 727 cargo plane that’s used exclusively for horse transportation nicknamed Air Horse One.
The number of people born in Antarctica (11) is fewer than the number of people who have walked on the Moon (12).
There are only 25 blimps in the whole world.
In emergencies, mammals can breathe through their anus.
Scientists didn’t discover that the cause of the 1918 influenza pandemic was a virus until 1933. “At the time most microbiologists believed that influenza was caused by a bacteria.”
Does Not Compute
The latest by Morgan Housel.
When you throw in stories from the Battle of the Bulge, Vietnam war, Lehman Brothers, GameStop stock trading and John Nash in the same article…you know it is good enough for a TBB Best of Web appearance!
A common cause of everything from divisive arguments to bad forecasting is that it can be hard to distinguish what’s happening from what you think should be happening.
…there are always two sides to every investment: The number and the story. Every investment price, every market valuation, is just a number from today multiplied by a story about tomorrow. The numbers are easy to measure, easy to track, easy to formulate. They’re getting easier as almost everyone has cheap access to information. But the stories are often bizarre reflections of people’s hopes, dreams, fears, insecurities, and tribal affiliations. And they’re getting more bizarre as social media amplifies the most emotionally appealing views.
To me it’s obvious that the one thing you can’t measure, can’t predict, and can’t model in a spreadsheet is the most powerful force in all of business and investing – just like it’s the most powerful force in the military. Same in politics. Same in careers. Same in relationships. A lot of things don’t compute.
The ones who thrive long term are those who understand the real world is a never ending chain of absurdity, confusions, messy relationships, and imperfect people.
The next is accepting that what’s rational to one person can be crazy to another.
Third is understanding the power of incentives.
Last is the power of stories over statistics.
Every mass shooting in the US – a visual database
This. Just. Hurts…
A quick note on masks and CDC guidance
Must read short post from Your Local Epidemiologist with the best three graphs I am pasting below. Get your N95 masks!
Your 2022 Tax Fact Sheet and Calendar
You need to bookmark this guide to stay abreast of the tax-related dates and data that should be on your radar this year.
And I leave you with this…
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Thanks for the links!
Good wake up call on ‘logic’ and choice.
Where is everyone?
Am I losing my touch?
Told son it looks like the best way to book HNL-LIH trips was by just using some of his 330k Amex MR points…And, please sit down…I totally forgot to check Southwest!!!
It hit me overnight and corrected my error and saved him yuge…
Maybe it was a sign from God I really need to slow down and whack some minor accounts I have, they take mental bandwidth!
Friday post 85% complete
Monday post 80% complete
No whining, thanks a lot for the support, you know who you are.
Holy crap, my flights to/from Kauai keep changing! Setting up accounts and uploading vaccine cards with the State of Hawaii Safe Travels program was very smooth.