The Big Picture

MARCH 5, 2023

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The age of the Silicon Valley ‘moonshot’ is over :Big Tech’s cost-cutting and layoffs are another nail in the coffin for the industry’s most ambitious and costly projects. ( Washington Post ) • Rupert Murdoch’s deposition in $1.6 billion defamation case is ‘a nightmare’ for Fox News, legal experts say : First Amendment scholars say defamation case against Fox News is “unusually strong.” ( Grid ) see also

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Medical Consulting Education Assets 275

Abnormal Returns

MARCH 5, 2023

Top clicks this week Some of the best nuggets from Warren Buffet's latest shareholder letter. (investmenttalk.substack.com) Do stocks always outperform bonds over the long run? (mailchi.mp) Eight personal finance debates you can pretty much ignore. (thomaskopelman.com) Is it really a mistake to have saved too much for retirement? (humbledollar.com) A look at how to 'avoid financial disasters' for HNW individuals.

Retirement Planning 162

Retirement Planning Retirement Planning Marketing 162

Calculated Risk

MARCH 5, 2023

Here is another monthly update on framing lumber prices. This graph shows CME random length framing futures through March 3rd. Lumber is currently at $369 per 1000 board feet. This is down from the peak of $1,733, and down 72% from $1,441 a year ago. Prices are down 8% compared to the same week in 2019, and below the pre-pandemic levels of around $400.

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Abnormal Returns

MARCH 5, 2023

Markets Defensive sectors have underperformed this year. (theirrelevantinvestor.com) It's no wonder U.S. investors have shunned international stocks. (freedomdaysolutions.com) Companies American railroad companies are at risk of greater political pressure and regulatory action. (rationalwalk.com) Companies are pushing customers into more premium products.

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Investing Investments Startup Math 130

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Accounting

A Wealth of Common Sense

MARCH 5, 2023

According to the Bureau of Labor Statistics, nearly 70% of private industry workers had access to a workplace retirement plan in 2021. Just 51% of them participated in those plans. It’s estimated more than 100 million Americans are covered by a defined contribution retirement plan. Those plans hold something like $11 trillion. That’s a lot of money but is it enough to retire comfortably?

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Retirement Retirement Planning Planning 119

Random Roger's Retirement Planning

MARCH 5, 2023

This Tweet caught my eye; Here's a better look at the image. This is fascinating if accurate. Are financial advisors necessarily qualified in these other realms, qualified as life coaches? Sorry, but the answer is no. Not that a given financial advisor can't be qualified or knowledgeable but I think it is a stretch to automatically assume an advisor can weigh in competently peace of mind and fulfillment.

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Financial Advisor Medical Clients 87

Million Dollar Round Table (MDRT)

MARCH 5, 2023

By Matt Pais, MDRT Content Specialist Whether you’re a new or a veteran advisor, you know that a thriving business relies on a combination of a lot of moving parts. In his 2014 Annual Meeting presentation “Essence of excellence,” John Spence, who at 26 oversaw projects in 20 countries as CEO of an international Rockefeller foundation, identified business achievement as the product of a formula: (T+C+ECF) X DE = success.

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Accounting Marketing Marketing Management 82

The Irrelevant Investor

MARCH 5, 2023

Today’s Talk Your Book is brought to you by Direxion: On today’s show, we spoke with Ed Egilinsky, Managing Director and Head of Alternatives to discuss the use of leverage in a portfolio and thematics for 2023. On today’s show, we discuss: How leveraged strategies work Direxion’s various leveraged strategies How inverse v leveraged inverse funds work in down markets What leveraged funds are used for Cos.

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Marketing Marketing Portfolio Management 82

Calculated Risk

MARCH 5, 2023

Weekend: • Schedule for Week of March 5, 2023 Monday: • No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are down 4 and DOW futures are down 30 (fair value). Oil prices were up over the last week with WTI futures at $79.68 per barrel and Brent at $85.83 per barrel. A year ago, WTI was at $116, and Brent was at $124 - so WTI oil prices are DOWN 30% year-over-year.

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Economics Marketing Marketing 52

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Banking

oXYGen Financial

MARCH 5, 2023

![CDATA[ As people age, they often find that their living situations no longer meet their needs. Whether it's due to health issues, financial constraints, or a desire to simplify their lives, older adults may choose to move in with their adult children. This phenomenon is known as the "reverse-boomerang effect," and it has become increasingly common in recent years.

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