BEW Webinar with Apollo Lupescu – Weds, Sept 20 at 10 a.m. + Links
Last year’s webinar with Apollo received a lot of positive feedback. We’re hosting “the secretary of explaining stuff” again on Wednesday, September 20 at 10 a.m.
Apollo Lupesco, PhD is vice president of Dimensional Fund Advisors, one of the world’s largest asset managers. Apollo is internationally recognized for his ability to convey technical aspects of investing in an understandable and relatable manner to investors of all acumen.
We plan to cover a range of topics including Artificial Intelligence, Bonds and Interest Rates, and Inflation.
To register for the event, please click here. Once registered, you will receive email instructions on how to join the webinar.
Apollo really is a treat to watch. Feel free to pass this invitation to anyone who may be interested.
Links
Here are some links worth your time:
Podcasts on Costco & Taylor Swift
The Acquired podcast does long, wonderful deep dives into iconic businesses. Two recent shows were fantastic.
Among the amazing facts learned in the Costco podcast:
Costco has the cheapest prices of any major American retailer and the wealthiest customer base.
They cap the profit they take on items at 14% and pass savings to customers.
They pay their hourly workers 30% above industry norm.
Much of their leadership started as baggers and checkout clerks.
The Taylor Swift podcast is a lesson on the business of the music industry. It digs into how artists make money (or don’t) in the streaming era, how Swift’s dominance allows her to shift the industry, and how she is thwarting private equity firms purchase of her master recordings.
Article on the Bond Market
It’s the most interesting time to be a bond investor in decades. Short-term interest rates are over 5% just two years after being effectively zero.
The bond market is much larger and more complex than the stock market. Here is a short, not overly wonky piece on bond market risks and opportunities.
Short-term bonds at 5% may seem like a risk-free slam-dunk. But there are upsides and downsides to all parts of the bond market.