Musings from the CU Suite

Written by Anthony Demangone, Powered by NAFCU

Kate and Briggs have their final Spring Variety Show tonight. Their year is wrapping up and high school is near on the horizon.

I’m not too melancholy about them growing up.  It’s time for them to move on to something bigger, more complicated. That’s how life works. I’m proud of them, and excited. Elementary school was a good thing. But all things come to an end.

Better to be excited for what comes next than to be sad about what is no longer there.

On to this week’s reading pile!

• How to be resilient. (Barking Up The Wrong Tree) H/T to John Spence.
• Advice from Munger. (BI) "It's so simple to spend less than you earn, and invest shrewdly, and avoid toxic people and toxic activities, and try and keep learning all your life, and do a lot of deferred gratification," he added, as Inside previously reported. "If you do all those things, you are almost certain to succeed. If you don't, you're going to need a lot of luck."
• Glass Half-Empty Investors. (Ritholtz)
• Want some good news? Employee job satisfaction is at a 36-year high. (WSJ)
• Jobless claims are ticking up. (SHRM)
• Interesting data on the future of work. (FastCo)
• The decline of the 5-day commute is a boon to suburban retailers. (WSJ)
• Update: Framing Lumber Prices Down 57% YoY, below pre-Pandemic Levels. (Calculated Risk)
• Waymo One doubles driver-less car area in Phoenix. (Waymo)