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Weekly News Digest

Stressed About the Election? Don’t Take It Out on Your Investments - New York Times (7 min) . It may be tempting, one economist says, to think that if your side wins, the economy will be all right. But no matter who wins, it may not be as good or as bad as you think. 

Learning from Patagonia’s Yvon Chouinard - Investment Masters Class. (20 min) Patagonia is the brainchild of Yvon Chouinard, who not only wanted to build a business with the highest possible quality products, but also wanted his company to do the right thing by the environment along the way.  

Charting America’s Debt: $27 Trillion and Counting - Visual Capitalist. Public sector debt has been a contentious topic for many years. While some believe that excessive government borrowing can be harmful over the long term, others have argued that it acts as a powerful tool for stimulating growth. 

Bruce Springsteen and the Art of Aging Well - The Atlantic. (8 min)  What the happiest Springsteen album in decades can teach us about Joe Biden, the wisdom of maturity, and the meaning of life. 

Brett Phillips Is a World Series Hero, Reminding us of Baseball's Beauty - Sports Illustrated. (9 min)  "Every once in a while, appearing like a double rainbow, a $20 bill on the ground or, yes, a birthday present you actually wished for, a baseball game reminds you why baseball is the best, the most democratic and the most karmically satisfying games man ever invented. World Series Game 4 was one of those games." 

The Dodgers Were the Best Team.  And the Best Team Won - FiveThirtyEight. (5 min) "LA's success, moreover, was not merely the product of a large payroll (though that helps, of course). The Dodgers have become a model for player development within the industry." 

Staying Home: How the Coronavirus Changed Consumer Behaviors and Company Valuations - Morningstar. The pandemic has led to an acceleration of multiple consumer behavioral trends that will have significant impact on particular sectors. As such, in many cases, the markets have already priced those changes into those company’s stock prices and, in other cases, have overestimated the long-term impact. 

A Brief History of the Haunted House - Smithsonian Magazine (6 min) . How Walt Disney inspired the world’s scariest Halloween tradition. 

The Onion’s State-By-State Election Guide - The Onion. A closer look at the nation’s 50 worst states. The Onion provides voters in each state with the facts they need to make an informed decision and several dozen completely uninformed decisions at the ballot box.