Weekend Reading - February 2nd, 2017
[K]nowledge is indeed highly subjective, but we can quantify it with a bet. The amount we wager shows how much we believe in something.
Article of the Week
Bayes and Deadweight: Using Statistics to Eject the Deadweight From Your Life- (Farnam Street) - How do we identify those people who aren't contributing anything to our lives?
Market
All The Major Asset Classes Scored Gains Last Week- (The Capital Spectator) - January ended on a fairly strong note.
Today’s Fed Statement- (Crossing Wall Street) - Economic activity continues to rise and the Fed decides to hold off on interest rate increases.
How to Beat Amazon - (Collaborative Fund) - A look into what companies can do to avoid being "Amazoned"
Investing
The Playing Field- (Graham Duncan) - Think of investing as five levels of a game.
It’s Hard To Predict How You’ll Respond To Risk- (Collaborative Fund) - While we think we know how we'll react when something goes wrong, the answer isn't usually that clear.
The Best Way to Lose $5 Billion Dollars - (Of Dollars and Data) - A case study of the Vanderbilt family.
Five Ways to Diversify - (Humble Dollar) - Diverisification involves more than just picking a range of investments. We must look at taxes, saving, and expenditures as well.
Houses Are Still Underwater? - (The Maven) - Should we be thinking of our home as an investment?
Healthcare
Can Amazon and Friends Handle Health Care? There’s Reason for Doubt- (NY Times) - It may take longer than you think for this trio to make a substantial impact on the healthcare industry.
Amazon Health- (Stratechery) - A breakdown of how Amazon could be successful in disrupting the healthcare industry.
Jeff Bezos, Jamie Dimon, and Warren Buffett unite to disrupt healthcare's profit motive- (Big Think) - Three of the brightest minds talk about conceptually turning the healthcare industry on its head.
Marijuana
San Francisco Will Clear Thousands of Marijuana Convictions- (NY Times) - After legalization, the city will make it easier for those with past convictions to obtain jobs and clear background checks.
The U.S. legal marijuana industry is booming- (CNN Money) - The industry took in $9 billion in 2017 and is projected to bring in over $20 billion as more states legalize.
Weed Prices Across USA- (The Big Picture) - An illustration of Mary Jane prices across the United States.
MoviePass
MoviePass CEO: $10 unlimited movie service is playing catch up to its own growth- (CNN Media) - MoviePass is revitalizing a struggling movie theater market.
Is MoviePass Here to Stay?- (The Atlantic) - Low subscription prices, high recent adoption, and growing revenues means a new model for movie-goers.
MoviePass Cuts Off Some AMC Theaters as Big Picture Plan Comes Into Focus- (Gizmondo) - The company fires a warning shot at AMC now that it has bargaining power with its customers.
Charlotte Happenings
Agenda Weekender: 70+ things to do this weekend, including The Queen City Brewers Festival, multiple puppy bowls and 20 Super Bowl LII watch parties- (Charlotte Agenda)
2018 State of the Center City Charlotte- (Charlotte Stories)
Oyster-themed restaurant, rooftop bar headed to South End- (Charlotte Business Journal)