Tren Griffin
The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.82% from 5.74%, with points increasing to 0.65 for loans with a 20% down payment. That rate was 3.11% the same week one year ago. https://t.co/Axo5jXSJ8d
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Ethan Mollick
Start your meetings on time! This paper finds that meetings which start late don't just annoy participants, they are also much less productive and creative.

And making a habit of lateness hurts. Just the anticipation of a late meeting has similar effects https://t.co/W7SqLU0BJC https://t.co/AlIKzxpmZr
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Durable Investments
It's interesting that $NFLX or Nielson decided to not show YouTube's share of US TV viewing in this statistic.

Also $DIS properties cumulatively are a close second. https://t.co/IFXQzFPNnT
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Tren Griffin
"340 tonnes of greenhouse gases produced per tonne of edible beef, compared with just 11 tonnes of emissions per tonne of bivalve protein." https://t.co/3MO2Rswidu

Also delicious!
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Tren Griffin
Where is this waterfall? https://t.co/X0veBhzUf2
"Shellfish shells are less likely to form in an acidic environment, which compromises the future of this valuable high-protein, low-fat food source."

On a recent Saturday I gathered naturally seeded clams on a beach near this waterfall. Scenery was pretty good. https://t.co/vMnr6zS9af - Tren Griffin
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Tren Griffin
"In June, unit sales for perishable goods such as meat and produce declined 4.5% from a year ago." https://t.co/Z8pUlqs6Oo

Maybe consumer are buying more bivalves! One can hope so.
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Tren Griffin
JP Morgan borrows an investing thesis from Master Po in an early episode of Kung Fu.

"Bad data is good data." https://t.co/Kyd67dh63u
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Rolf Degen
“Where am I?” A small percentage of the population struggles with a complete lack of navigational skills. https://t.co/1TchuNK6ab https://t.co/6PSX7mE9Ey
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Compounding Capital
Eddie Lampert buying back $5B of Sears stock 2005-08 is a textbook example of how share repurchase can destroy immense value.

CEO should reinvest in the business if there’s a credible return on the investment above cost of capital or dividend out the cash if it’s a dying asset. https://t.co/Zs3DixxKEp
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Paul Graham
A really insightful (and bravely unconventional) essay by Brie Wolfson about the excitement of working hard.

https://t.co/LJvRIWNEdU
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