10 Thursday AM read – big picture

My morning The train WFH reads:

A How Sensitive Are You to Financial Bullshit? One of the biggest indicators of the tendency to be influenced by bad investment advice is the sensitivity to place their trust in pseudo-deep financial jargon. A new academic study seeks to actively measure consumers’ ability to identify “financial bullshit”. The results are astounding. (Evidence-based investors)

A A fire is burning beneath the crypto meltdown Cryptocurrency implosion follows the massive creation of new digital money, which never ends well in the traditional world. (Wall Street Journal) See more The Frozen Mystery of Crypto: Celsius A company with a charismatic leader has thrown a lot of assets into uncertainty – and clearly shows the end of the crypto party. (Washington Post)

A Six things that can be right Inflation is easy / rates are stable; Accelerated growth; Hold on to corporate profits OK; Russia / Ukraine war ends; Good evaluation, good future returns; Investors learn and become better long-term investors (Validea)

A Why social media makes people unhappy এবং and an easy way to fix it Research suggests that platform designs lose track of the time we spend on them and can escalate conflict and then we feel bored with ourselves. (Scientific American)

A Return: After the stimulus boom, Americans face a dark economy The epidemic ended with rising aid prices – and now the middle class is feeling the pinch again. (Washington Post)

A Who owns San Jose? An international battle over a 300-year-old treasure-laden Spanish galleon How the “mother of all shipwrecks” has become the mother of all legal battles. (Grid)

A The self-driving big rig is coming. Is America ready? Autonomous trucks that are stuck on most highways can be meaningful both technically and economically, just as robotics do not. The goal is better than humans, but not perfect, autonomous driving; Jobs are probably in line. (Wall Street Journal)

A The United States could halve its emissions by 2030 – if it wants to Clean economy: Renewable is cheap enough to quickly decarbonate the country. The political will to stop it is less clear. (Wire) See more Such a heat wave engulfs the United States, learning from America’s warmest cities Summer is becoming unbearable. Phoenix has a solution on how to deal with it. (Grist)

A A former federal judge has warned of dangers to American democracy: Retired Federal Judge J. Michael Lutig has issued a stern warning to the nation: 17 months after the riots in the US capital, “Donald Trump and his allies and supporters are a clear and present threat to American democracyLutig was appointed to the federal bench by George HW Bush, who served on both the Bush and Reagan administrations and was a legal adviser to former Vice President Mike Pence. )

A A Visual Guide to the Aztec Pantheon A whole world of Aztec codes and gods, caring for certain aspects of each human life, illustrated to reveal the complexities of the Aztec Pantheon, makes academic research more readily available and shows how this civilization still survives in our world culture. Fortunately, they will help you see this society in the eyes of your inner child, just as I did all those years ago. (Pudding)

Be sure to check out our Masters in Business interview with Jonathan Miller this weekend to discuss real estate, home sales, rent and whether cities are dead. Miller is the CEO and co-founder of Miller Samuel, whose real estate data and analytics have become the norm for the residential real estate appraisal and brokerage industries.

Estimated CO2 and greenhouse gas emissions of different vehicles according to mileage

Source: The Drive

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