Money

• A Change in the Water (Epsilon Theory)

The thing that moves markets – the thing that will make your investment decisions work out successfully for you – is what everybody believes that everybody believes.

• Everything is Broken (Thoughts from the Frontline)

“So now we have retirees with far too much in stocks, junk bonds, or other risk-heavy assets. And not just individuals; the same is true for large pension funds. Their trustees are truly trapped: contractually obligated to pay certain benefits and unable to do so without robbing future beneficiaries.”

And More

• The next agricultural revolution is coming (Inverse)
• Russia’s Monster Submarines Are Even Scarier Than You Imagined (Popular Mechanics)