Don’t Hate Us, Cause You Ain’t Us

You have to forgive Pacific Northwesterners for feeling like the belle of the ball this time of year. We take it on the chin for eight months and then make up for it with the best weather imaginable especially in July and August. Temps in the high 70’s, a few clouds, cool mornings in the 50’s. Basically, nirvana.

This pic of the Good Wife and me is from Boston Harbor Marina, the end of the road in North Olympia. What you don’t see is the demolished soft-serve ice cream cone. Cheap, but very nice date.

Weekend Required Reading

  1. Money for nothing: German university offers ‘idleness grants’. Forget the MacArthur Genius grant, this is the one you want because these are the best grant questions of all time. “The application form consists of only four questions: What do you not want to do? For how long do you not want to do it? Why is it important not to do this thing in particular? Why are you the right person not to do it?”
  2. China restaurant apologises for weighing customers. What possibly could go wrong?
  3. Born to Be Eaten. What’s at stake in the fight over development in the Arctic National Wildlife Refuge? A caribou herd, and a culture that relies on it.
  4. Where Did BIPOC Come From? Just when you thought the humble blog couldn’t be any more woke.
  5. Joe Biden’s Secret Untapped Weapon. “By some estimates, nearly 60 percent of eligible Latino voters in battleground states, who tend to view Mr. Trump unfavorably, will sit out the 2020 election. Rallying these voters — most of them young, most of them hostile to Mr. Trump — will be vital to capturing the White House.”
  6. Senator yells ‘f—, f—, f—‘ on live television during DeJoy testimony as Congress still learns how to use videoconferencing tech. You cast the first stone, I’m certainly not going to.

Drop Everything And Read

The Chicago kid is visiting for 10 days. Here are the essentials that she packed. When I snapped this picture, she was reading book #7 on the deck fueled by a latte brewed just for her. She plans on going to Browsers if she runs out of essentials. Begs a few questions. Is she afraid of interacting with her Momsie and Dadsie? Are her claims of reading non-fiction exaggerated?

Paragraph to Ponder

From MacRumors.

“Warren Buffett held 245 million Apple shares as of the end of June, representing a 5.7% stake in Apple as a whole. The stock price of Apple has soared by over 57% to an all-time high this year, boosting the value of Berkshire’s Apple holdings by more than $40 billion to around $113 billion as of yesterday. Apple is by far the largest investment held in Berkshire Hathaway’s portfolio, worth more than four times as much as its second-largest holding, a $25 billion stake in Bank of America.”

Try connecting these “dots”. Because individual companies inevitably go through boom and bust cycles, conventional wisdom is that you should never have more than 5% of your total wealth tied to any individual stock. Conventional wisdom is that Warren Buffett is one of the most successful investors of all time. Buffett’s AAPL holdings represent nearly 25% of his Berkshire Hathaway portfolio or 5x more than “experts” recommend.

I’m guessing Buffett has no regrets, which begs a question, when have you benefitted in life from consciously ignoring expert opinion?

Monday Required Reading

1. They’re Teens Biking Across a Turbulent Country. The Lessons Keep Coming. Coolest pandemic punch imaginable.

“Having almost finished this, they are wondering now what other big things they can do.”

2. He Needed to Train. David Duchovny’s Pool Was Out There.

3. How to Add More Play to Your Grown-Up Life — Even Now.

4. Why Be Vulnerable?

5. The Great Big Swim.