☝️ Upwarding #38: Gifs or Jifs?

Welcome to this week's Upwarding newsletter. My blog, with more in-depth content, can be found here.


The type of file known as GIF is supposed to be pronounced “jif”, not “gif” (soft g, not hard g).  This assertion comes directly from the actual creator of the GIF format.

And then it became a big debate.  Obama got involved.  As did Smuckers, which makes Jif.  And… then Smuckers actually made Gif peanut butter.  If only I had this in a GIF….


I had never fully understood the symbolism of flowers until I listed to this short meditation called “Flower Garden”.


Too much exercise damages your heart, especially as you age.  This podcast and written summary drive the point home.

Dr. O’Keefe makes the comparison to cars: if you want to maximize performance, your car will look like a Formula One car, with an engine lifespan of perhaps a few thousand miles.   If you want a car that lasts 500,000 miles, it will be a Ford Expedition, not driven too fast, with a great maintenance record.

BTW, I’m not a fan of high intensity interval training.  The guy who pretty much invented intense workouts, Casey Viator, died at 61.


Under the efficient market hypothesis, all outperforming strategies get eroded away over time.  One advantage that currently seems to exist, is that stocks that have experienced very rapid short term declines tend to rebound.  An ETF that takes advantage of this is UTRN.  Since inception about two years ago, it has returned 1.3% more than the S&P 500.

On the other hand, that’s a pretty short track record, and the tax consequences of all that trading are catastrophic.  Therefore, it would only make sense as a portfolio diversifier (a way to get S&P 500 returns with slightly different exposure), and in a tax protected account.

I still think tax loss harvesting is a better way to play the “do a little better than the S&P” game, since it doesn’t rely on a strategy that gets competed away.

Random Thoughts

Politics are dominating our national conversation.  I’ve been inspired by this quote regarding people we disagree with.

“Instead of asking, “How can they be so irrational?” ask, “How might they see the world such that their view makes sense?”.  -Douglas Stone.

I think we could all be a bit more understanding and a bit less smug.


2020 got you down?

"The secret to life is not waiting for the storm to pass, but learning to dance in the rain." - Vivian Greene

Remember to forward this to a friend who will enjoy it.

Stay well,