Here at the Motley Fool, we like our individual stocks. But – what if we’re wrong?
Jonathan Berk is a professor of finance at the Stanford Graduate School of Business and co-host of the podcast “All Else Equal: Making Better Decisions.” Ricky Mulvey caught up with Berk to discuss – and debate – the merits of individual stock investing. They also talk about:
The ripple effects of decision-making,
Whether short-term investing deserves its bad reputation,
And the time horizon needed to differentiate between luck and skill.
Interview with James Burke; Dumbest Thing of the Week; News Items: ESA Plans Space Capsule, Oldest Evidence of Projective Weapons, Vaccine for Cocaine Addiction, Ancient Planet Buried in Earth's Mantle, Bankman-Fried Guilty; Who's That Noisy; Science or Fiction
The strike is over. The negotiating committee for the actors’ union SAG-AFTRA won increases in minimum rates, greater access to health care and baseline protections against AI technology for its members. The union also conceded streaming residuals by agreeing to split among union actors an estimated $120 million bonus paid out by studios for streamed content deemed “successful” during the 3-year contract.
Ahead of the member vote to ratify, Reset checks in with Charles Andrew Gardner, president of SAG-AFTRA Chicago, to learn more.
Want to stay up to date with all things Reset? Sign up for our newsletter at wbez.org/resetnews.
To get the show every day, follow the podcast here.
The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. Today’s takeaways are provided by Tracy Stephens of CoinDesk Indices with additional analysis from Connor Farley, CEO of Truvius. For more on the CMI you can visit: http://coindeskmarkets.com/
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Disclaimer:
This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.
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Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents. Buy, sell, hold and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.
This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.
A longtime American foreign policy insider’s penetrating and definitive reckoning with this country’s involvement in the Middle East
The culmination of almost forty years at the highest levels of policymaking and scholarship, Grand Delusion: The Rise and Fall of American Ambition in the Middle East(Penguin, 2023) is Steven Simon’s tour de force, offering a comprehensive and deeply informed account of U.S. engagement in the Middle East. Simon begins with the Reagan administration, when American perception of the region shifted from a cluster of faraway and frequently skirmishing nations to a shining, urgent opportunity for America to (in Reagan’s words) “serve the cause of world peace and the future of mankind.”
Reagan fired the starting gun on decades of deepening American involvement, but as the global economy grew, bringing an increasing reliance on oil, U.S. diplomatic and military energies were ever more fatefully absorbed by the Middle East. Grand Delusion explores the motivations, strategies, and shortcomings of each presidential administration from Reagan to today, exposing a web of intertwined events—from the history of the Israel-Palestine conflict amid Israeli domestic politics, Cold War rivalries, and Saudi Arabia’s quest for security, to 9/11 and the war on terror—managed by a Washington policy process frequently ruled by wishful thinking and partisan politics.
Simon’s sharp sense of irony and incisive writing brings complex history to life. He illuminates the motives behind America's commitment to Israel; explodes the popular narrative of Desert Storm as a “good war”; and calls out the devastating consequences of our mistakes, particularly for people of the region trapped by the onslaught of American military action and pitiless economic sanctions.
Grand Delusion reveals that this story, while episodically impressive, has too often been tragic and at times dishonorable. As we enter a new era in foreign policy, this is an essential book, a cautionary history that illuminates America's propensity for self-deception and misadventure at a moment when the nation is redefining its engagement with a world in crisis.
Andrew O. Pace is a historian of moral dilemmas of US foreign relations and an adjunct professor of history at Salt Lake Community College. He is a co-host of the Diplomatic History Channel on the New Books Network and is currently working on a book about the reversal in US foreign policy from victory at all costs in World War II to peace at any price in the Vietnam War. He can be reached at apace24@slcc.edu or via andrewopace.com.
An ethnographic study based on decades of field research, Pilgrimage to Broken Mountain: Nahua Sacred Journeys in Mexico's Huasteca Veracruzana (UP of Colorado, 2023) explores five sacred journeys to the peaks of venerated mountains undertaken by Nahua people living in northern Veracruz, Mexico. Punctuated with elaborate ritual offerings dedicated to the forces responsible for rain, seeds, crop fertility, and the well-being of all people, these pilgrimages are the highest and most elaborate form of Nahua devotion and reveal a sophisticated religious philosophy that places human beings in intimate contact with what Westerners call the forces of nature. Alan and Pamela Sandstrom document them for the younger Nahua generation, who live in a world where many are lured away from their communities by wage labor in urban Mexico and the United States.
Pilgrimage to Broken Mountain contains richly detailed descriptions and analyses of ritual procedures as well as translations from the Nahuatl of core myths, chants performed before decorated altars, and statements from participants. Particular emphasis is placed on analyzing the role of sacred paper figures that are produced by the thousands for each pilgrimage. The work contains drawings of these cuttings of spirit entities along with hundreds of color photographs illustrating how they are used throughout the pilgrimages. The analysis reveals the monist philosophy that underlies Nahua religious practice in which altars, dancing, chanting, and the paper figures themselves provide direct access to the sacred.
In the context of their pilgrimage traditions, the ritual practices of Nahua religion show one way that people interact effectively with the forces responsible for not only their own prosperity but also the very survival of humanity. A magnum opus with respect to Nahua religion and religious practice, Pilgrimage to Broken Mountain is a significant contribution to several fields, including but not limited to Indigenous literatures of Mesoamerica, Nahuatl studies, Latinx and Chicanx studies, and religious studies.
These days, it seems Taylor Swift is everywhere. Social scientist Dr. Pamela Rutledge shares the psychology of why we can’t seem to look away from the singer’s every move. Then, Dr. Leslie Rasmussen, a PR expert and a “Swiftie” herself, gives her take on whether the romance with Travis Kelce is real or for PR.
On the "CBS News Weekend Roundup", host Allison Keyes has team coverage of the situation in Israel, including CBS's Robert Berger in Jerusalem. We'll take a look at how abortion affected the off-year elections on Tuesday. In the "Kaleidoscope with Allison Keyes" segment, an in-depth discussion on a disturbing rise in syphilis cases in newborns in the U.S.
Dig in for a bite-sized episode about how native foods aren’t just a part of a past, but an essential and exciting aspect of the future. We talk flower bulbs, acorns, sunflower butter popcorn, frybread debates, mushroom foraging tips, corn magic, puffball mythology, decolonized diets, Instapots and – most importantly – food sovereignty with the WONDERFUL Indigikitchen cooking show host and environmental scientist Mariah Gladstone.
