Short Takes: Money Lessons from Cats, Buy Now Pay Later, and more

With my softball league restarting, some golfing, and reading The Intelligent Investor, I haven’t done any writing recently.  But I have had a chance to ask different types of small business owners (who are opening up as much as they can) whether they will be able to operate profitably.  The most common answer is “we’ll see.”  COVID-19 is increasing their costs and forcing them to take fewer customers than they used to take each day.  That’s a deadly combination in any competitive market.  Behind brave faces I suspect many are just hoping to survive long enough to get back to normal.

Here are some short takes and some weekend reading:

Morgan Housel has an interesting description of why cats sometimes survive high falls better than low falls, followed by a jarring attempt to connect it back to a financial lesson.

Preet Banerjee and Derrick Fung discuss the rise of buy-now-pay-later in online shopping.  Making your life worse is getting more and more convenient.

Boomer and Echo compares the financial aspects of renting versus owning a home.

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Comments

  1. FerdJuly 31, 2020 at 11:05 AM

    Have you ever thought of adding a "booklist" to your blog? I read many of the book reviews you post, and have added many to my own list, but I'm guessing I have missed a few throughout the years.

    ReplyDelete
    Replies
    1. Michael JamesJuly 31, 2020 at 11:41 AM

      Hi Ferd,

      I hadn't thought of doing that before. It's an interesting idea. I'll add it to might list of useful things to do when I get motivated.

      Delete

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