Family Fortunes, Too Much Cash and Coders

(Bloomberg Opinion) -- My midweek morning train reads:

  • Trillion-Dollar Inheritance: The World’s Biggest Family Fortunes (Bloomberg)
  • Most investors have too much cash. Wealthy investors really have too much — about 25 percent. (Penta)
  • Amazon as a Value Stock? Believe It (Bloomberg Opinion)
  • What we buy can be used to predict our politics, race or education — sometimes with more than 90 percent accuracy (Washington Post)
  • More Recycling Won’t Solve Plastic Pollution: Changing our individual habits won’t fix it (Scientific American); see also U.S. Coal Industry Shows No Sign of Comeback (Bloomberg)
  • Trump’s trade war was decades in the making (Politico)
  • People who think their opinions are superior to others are most prone to overestimating their relevant knowledge and ignoring chances to learn more (British Psychological Society)
  • Suck It, Dudes. Science Proves Women Are Better Coders. (Gizmodo)
  • Three reasons the U.S. is vulnerable to big disasters — and getting more vulnerable all the time (Popular Science)
  • A (possibly) record-breaking exoplanet found with a 10-year orbit (Syfy Wire); see also Squishy or Solid? A Neutron Star’s Insides Open to Debate (Quanta Magazine)

What are you reading? 

Don’t Worry About the Earnings Slowdown Yet

Family Fortunes, Too Much Cash and Coders

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