February 2018
Welcome to the CFALA e-newsletter, a periodic publication with stories about noteworthy events and programs sponsored or hosted by the society, guest articles by members, book reviews, and other items of interest to CFALA members. Click on the headlines below to read the full stories. And if you’d like to contribute a story suggestion or, even better, write an article, we’d love to hear from you. Please email Executive Director Laura Carney at laura@cfala.org.
*Please note that the content of this e-newsletter should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Society Los Angeles.
In this issue ...
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The Making of Tesla: Invention, Betrayal, and the Birth [& Launch] of the Roadster
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Swedroe: Gurus’ Grim 2017 Tally
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The Dow’s Tumultuous History, In One Chart
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[The Spielberg Effect:] Taking the Pressure Out of College Admissions
THE MAKING OF TESLA: INVENTION, BETRAYAL, AND THE BIRTH [& LAUNCH] OF THE ROADSTER
In this Business Insider article, correspondent Drake Baer takes us on a ride through Tesla’s early history, and the specifics are remarkable. Why was Martin Eberhard known as Mr.Tesla? What did the executive summary of the original Tesla business plan look like? Who got to ride the first true Tesla? These particulars and more make this long-form piece truly interesting throughout. We've also provided a link to the now-familiar Tesla Roadster YouTube video, “Live Views of Starman” for those who would like to watch it one more time. Read more... And more... Back To Top ^^
Swedroe: Gurus’ Grim 2017 Tally
In this ETF.com blog post, author and Buckingham Strategic Wealth Principal and Director of Research Larry Swedroe provides his annual retrospective on the accuracy of predictions made for the previous year. We've also provided a link to Swedroe's 2018 list, published on 1/22/2018, for those who might be interested.
The Dow’s Tumultuous History, In One Chart
In this MarketWatch article, Markets Reporter Sue Chang shares a graph published by Chris Kacher, managing director of Moka Investors, which charts the Dow’s performance since 1896. According to Kacher, writes Chang, the chart proves that over the long term, the stock market always rises because “intelligence, creativity, and innovation always trump fear.” Check out Chang’s piece for more of the strategist’s insights.
[THE SPIELBERG EFFECT:] TAKING THE PRESSURE OUT OF COLLEGE ADMISSIONS
One member of your content curation team was asked to speak on the topic of student loans and paying for college. In the course of their research, they became reacquainted with the phenomenon known as the "Spielberg Effect." In this 2002 Washington Post article, education columnist and author Jay Mathews discusses this phenomenon and the role it played in the life of a young, award-winning social entrepreneur.
