My morning in the middle of the week train WFH wrote:

• Is this the biggest bull market in history? Since its bottom in early March 2009, the total return of the S&P 500 has now risen by more than 800%: for the past 13 years, it has risen by nearly 19% each year. (Common sense wealth)

• Garry Kasparov: Encryption means freedom The chess master predicts that a basket of coins will replace the U.S. dollar within ten years. (CoinDesk) But watch The case against encryption Why crypto assets are so destructive, and why strong supervision should be adopted to prevent this financially corrosive enterprise from spreading further into the market. (Stephen Dill)

• Millennials are finally spending money like adults The largest generation in the United States is buying houses and cars. This will have an impact on inflation. (Bloomberg)

• Toyota’s U.S. car sales surpassed General Motors in 2021, a first for a foreign automaker After the global shortage of computer chips has made it difficult to produce cars, automakers are trying to quickly switch to producing electric cars. (New York Times)

• What do Nancy Pelosi and Donald Trump have in common? Reckless hypocrisy regarding financial conflicts of interest: Members of Congress know a lot of information that the rest of us do not know, some of which are very useful for stock trading. (Microsoft National Broadcasting Corporation)

• Goodbye, Goldman Sachs Finding a job there is a dream. The epidemic changed my view. (New York Magazine)

• Theranos’ judgment will not prevent investors from investing their money in the next big scam High-tech investments tend to make obvious hyperbolic predictions part of the game. Theranos provides a perfect example of the new dynamic trap. (Los Angeles Times) You can also take a look Bad blood of Theranos Its fatal flaw has always been obvious-with so many red flags, it is a miracle that its collapse did not come sooner. (Big picture)

• Benedict Evans’ 2022 technical issues: Sometimes the focus of technology is very clear, but when we enter 2022, there are trillions of dollars in many areas. These are the questions I want to know today, from encryption to cars to fast fashion-there are other questions. (Benedict Evans)

• Why the aftershock on January 6 exceeded expectations One year after the riots, Donald Trump still dominates Republicans, and his election fraud myth continues to exist. (Wall Street Journal)

• Dazzling images of northern lights Travel blog Capture Atlas‘The 25 best photos were selected from photographers from all over the world, and the results are incredible in the annual Northern Lights Photographer of the Year list. (My modern metropolis)

Be sure to check our Master of Business Next week with the University of Michigan Professor of Social Psychology Richard Nisbet. He is a joint director Culture and Cognitive Course In Michigan, focus on reasoning and basic cognitive processes. He is the author of numerous books, the most recent of which is “Thinking: Memoir. “Malcolm Gladwell called him “the most influential thinker in my life.”

Republicans and Democrats disagree on the January 6 rebellion and Trump’s culpability

source: Washington post

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