The amazing run on Jeopardy by James Holzhauer ended last night. Even though he came up just shy of Ken Jennings’ all-time record, Holzhauer put on quite the show.
It was a HUGE bummer to have the internet spoil his loss hours before the show aired, though. I guess technology doesn’t make everything better.
Here’s what I’ve been reading this morning:
- Since 1950, the S&P 500 has experienced peak-to-trough pullback of 5% or worse in 65 of 70 years. Moral of the story, this pullback is normal. Get over it.
- Josh shares why he doesn’t start his day with financial news or political news. (Just a personal anecdote: I do the same thing!) There are better ways to start your day.
- As Nick writes, it’s hard to teach lessons about money when you’re in poverty, or ultra-wealthy. Each has their own set of challenges, and the sweet spot is somewhere right in the middle.
- Bryan writes about young advisors who want to market themselves individually, but can be held back by the restrictions set out by their larger firms.