Weekly Review, July 10, 2023
Read some up about last week’s news, right here:
Fortis Financial Group (that’s us!) is getting bigger. We recently purchased Erickson Wealth Management. We now have $500 in assets under management. Come visit us at our new office.
TSA adding facial recognition tech to your travel experience. Expect more of this in the future: some efficiency combined with more and more tracking. Will be interesting to see how far the pendulum swings
Interesting data on when we hit or mental and physical peak. Would not have expected the marathon stats, but the good news is we can always improve.
Fantastic piece by Paul Graham about "Great Work".
The media loves to speculate about why older folks are overweight stocks relative to bonds, but it’s pretty simple: bonds had a horrible 2022 so now people are scared of them. Now earnings yields on short term bonds, cash and T-bills are actually pretty juicy relative to the risk. The earnings yield on stocks likely doesn’t compensate for their risk levels.