The Sunday Drive - 11/10/2024 Edition [#136]

Musings and Meanderings of a Financial Provocateur

A Sunday Drive Around the Internet

👋🏼 Hello friends,

Greetings from Atlanta, GA, where we’ve come to spend some time with our newly relocated daughter so she can show us all around her new (but hopefully not permanent) home. Let’s enjoy a leisurely, Southern Sunday Drive around the Internet.

🎶 Vibin'

A week ago, the world lost a true musical legend. Quincy Jones, known to his friends simply as “Q”, passed away at the age of 91. During his career which spanned over 75 years, Quincy produced artists such as Michael Jackson, Frank Sinatra, Count Basie, Dizzy Gillespie, Chaka Khan, Dean Martin, Sammy Davis Jr, Patti Austin, James Ingram, and many, many more.

I know it’s not the normal vibe you’re used to seeing, but I thought this interview was worth sharing. In it, Quincy talks about overriding Michael Jackson’s wishes on the 1981 hit, Don’t Stop ‘til You Get Enough. It is an important reminder of the vital role the producer plays. It is their job to take the raw talent that an artist brings to a song, and to shape it into the final product. There has been no other producer in memory who did that better than Quincy Jones. RIP, sir.

💭  Quote of the Week‌

“We don't stop playing because we grow old; we grow old because we stop playing.“
— George Bernard Shaw

📈  Chart of the Week

To quote J.C. Parets of All Star Charts, the source of this week’s Chart:

During bear markets, the leaders ultimately catch down to the laggards. During bull markets, the laggards end up catching up to the leaders. Which one do you think we're in right now?

The broadening out of equity market participation beyond the largest of the large Tech companies is something we’ve been talking a lot about over the last several months.

With the S&P 500 making all-time highs this week, we’re starting to see mid and small cap stocks also making new highs as well.

Given the rather rich valuations of the mega-tech names as compared to the more attractively valued smaller parts of the market, there is valuation support to help this broadening out of performance to continue.

🚙 Interesting Drive-By's

💡 Gerd Leonhard: The Future is Brighter than We Think!

The Future is better than we think!

🤔 A Conversation Between Paul Tudor Jones and Andrew Ross Sorkin

Letter #231: Paul Tudor Jones and Andrew Ross Sorkin (2024)

💰 I Shot the Tariff, But I Didn’t Shoot the Deputy
Note: I am a paying subscriber to Michael Green’s newsletter. This is behind a paywall, but I thought enough was shown to non-subscribers that you might find it interesting.

I Shot the Tariff

⚛ Bees 1, Mark Zuckerberg's nuclear plans 0

🐝⚛ Bees 1, Mark Zuckerberg's nuclear plans 0

👋🏼 Parting Thought

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If you have any cool articles or ideas that might be interesting for future Sunday Drive-by's, please send them along or tweet 'em (X ‘em?) at me.

Please note that the content in The Sunday Drive is intended for informational purposes only, and is in no way intended to be financial, legal, tax, marital, or even cooking advice. Consult your own professionals as needed. The views expressed in The Sunday Drive are mine alone, and are not necessarily the views of Investment Research Partners or Cache Financials.

‌I hope you have a relaxing weekend and a great week ahead. See you next Sunday...

Your faithful financial provocateur,

-Mike‌

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