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Friday's Fast Five: Week of 8.22


Fishing and Investing (A Wealth of Common Sense): Upon hearing that the slow and steady approach beats the more showy one, my investing brain immediately went to the markets. This is the difference between simple, successful investing and those who try too hard and end up with unsatisfactory results.

Social Security Is Turning 90. Here Are 6 Myths About It That Won’t Go Away. (The New York Times): The program gave birth to the idea of retirement and covers nearly all Americans — but now it faces major financial and customer service challenges.

‘Real-life Happy Gilmore’: Meet the hockey player who inspired the Adam Sandler movies (The Athletic): “Happy Gilmore” proved pivotal for Sandler on his path to becoming one of the most bankable, beloved presences in comedic history [...] And it all might have never happened without the elementary school classmate from New Hampshire known to Sandler as simply “McD,” the guy who inspired the original “Happy Gilmore” on a Manchester driving range some five decades ago and remains a close friend.

Summer mailbag (JP Morgan - Eye on the Market): Every summer, I answer questions from the Eye on the Market client mailbag. Here’s this year’s version.

Harvard Paid $27 for a Copy of Magna Carta. Surprise! It’s an Original. (The New York Times): Bought for $27.50 after World War II, the faint, water stained manuscript in the library of Harvard Law School had attracted relatively little attention since it arrived there in 1946. That is about to change.