My morning train WFH wrote:

• The obvious and real danger of Trump’s enduring “big lie” Call it a rebellion or a coup attempt, and it is motivated by the so-called “big lie”: a verifiable false assertion that Trump won. Joe Biden won 306 votes in the Electoral College, while Trump won 232 votes. In the general election, Biden won by more than 7 million votes. (NPR) You can also take a look In addition to the riots, January 6 was a dangerous and dangerous moment.How Trump’s conspiracy almost succeeded: But this is a close call. Trump and his followers attempted to overturn the results of the 2020 election — a multi-dimensional effort in which the attack on the Capitol is only one element — dangerously close to success. (ABC News)

• Rules for buying plunging growth stocks Reasonable people may have different opinions on the reasons that led to the sell-off. If you want to blame it on the crazy multiples of returning to Earth, momentum or anything else, I won’t argue. The question is, what did people do about it. (Irrelevant investor)

• What happens when bonds lose money Since the Fed is focused on fighting inflation, raising interest rates may mean losses in the “safe haven” aspect of the investment portfolio. (Work Week)

• Your BS detector is rusty.It’s time to sharpen it. We have been in isolation for most of the pandemic. When we return to this world, we will face more BS (Wall Street Journal)

• Money in the Metaverse: In a virtual world full of virtual goods, finance may become strange. (New Yorker)

• “It takes more than money”: AllianceBernstein’s efforts to retain diverse talents Amid the huge resignation, the coaching plan of the asset management company two years ago is producing good results. (corporate investor)

• Not calculated Many things have no meaning. The numbers are not added up, and the explanation is full of loopholes. But they happen all the time-people make crazy decisions and react in strange ways. again and again. (Collaborative)

• How bad is plastic, really? Plastic production continues to expand and is now becoming a driver of climate change. (Atlantic Organization)

• 99 fascinating discoveries announced in 2021 The most exciting discoveries of the year include a Viking “piggy bank”, a lost Native American settlement and a secret passage hidden behind a bookshelf. (Smithsonian Magazine)

• Affected by the January 6th attacks, Congress workers quit their jobs that they were proud of The trauma suffered by thousands of legislative aides, police and blue-collar workers after the rebellion prompted some to leave the Capitol. (Washington post) But watch Why the aftershock on January 6 exceeded expectations: One year after the riots, Donald Trump is still dominant among Republicans, and his election fraud myth continues to exist (Wall Street Journal)

Be sure to check our Master of Business interview This weekend, I met with Ray Dalio, the founder, co-chairman and co-chief investment officer of Bridgewater Fund, the world’s largest hedge fund. Dalio’s latest book, Principles for dealing with the ever-changing world order: the reasons for national success and failure.

The total return of the U.S. consolidated bond market is the third worst year in history.

source: @biancoresearch

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