After doing an autopsy at the morgue, it’s a good idea for doctors to wash their hands before delivering babies.
A few hundred years ago, Ignaz Semmelweis proved this now-obvious insight about hygiene. Doctors don’t scrub because it’s fun or convenient, they do it because it’s a powerful way to create better outcomes.
When I was growing up, my family would sometimes go to Fantasy Island, a low-rent amusement park not far from my home. I soon figured out that while the spinning rides seemed appealing and daring, they would always make me sick and ruin the whole day. The good idea? Don’t go on the spinny rides.
Our culture creates traps and opportunities. There’s social and commercial pressure to engage in activities and jobs that don’t serve us very well. If horror movies give you unsettling nightmares, don’t go. No matter how many times your friends invite you, no is a complete sentence.
If being in debt is going to cause a long, stressful spiral for you and your fiancé, then don’t have an expensive wedding.
If doomscrolling your social feeds puts you in a bad mood, put down the phone and go for a walk instead.
And if the sight of blood makes you queasy, perhaps you should consider a form of medicine other than trauma surgeon.
Persistent emotional turmoil can undermine our peace of mind, and it might be caused by an ongoing spiral that’s fueled by the short-term choices we make. Cultural and economic pressure can make those choices feel non-optional, but if we can protect ourselves early, we may be able to create enough value for others that our hygienic choices easily pay for themselves.
There are countless opportunities to thrive. But we might have to make hard choices to find them. Don’t go on the spinny rides. We need you at your best.
The first is exit rate, the share of a firm’s investments that reached an acquisition, buyout or public listing.
The second is follow-on rate, the share of portfolio companies that raised another round of funding after the firm led a round.
The third is valuation growth, the average annual increase in a company’s valuation between the round the firm led and the following round.
The global ranking shows the 50 top-performing firms out of the more than 37,000 venture capital firms we analyzed.
Accel, Index Ventures and Sequoia are the top three firms in The Syndicate, a global ranking of venture capitalists based on the measurable outcomes of their investments from PitchBook data on each firm’s deal and exit history.
PitchBook
6. CPA Private Equity Deals Explode
CPA Trendlines
7. How Many Lawsuits is META Facing Right Now?
Perplexity
8. EY announces on-site quantum computing to help shape the next frontier of enterprise technology
Michael Curtis EY Global Industry Markets Media Relations & Social Media Leader
Over US$3b investment in AI and next frontier technologies includes expansion of in-house quantum capability, with EY Canada as key innovation hub
Convergence of quantum and AI to unlock new sources of competitive advantage, economic value and societal impact
Quantum readiness represents next chapter of ey.ai The Reimagination Engine, a dynamic AI-led technology system
The EY organization (EY) announces the expansion of its global quantum computing capabilities with the addition of an on-site quantum computer led by EY Canada and part of a global investment of more than US$3b in AI and other next frontier technologies. The new capabilities will support the processing of highly sensitive workloads in areas such as optimization, fraud detection, data protection and large-scale risk management.
Underpinning this investment is dedicated access and greater control over the development of new applications, including where data resides and how it is managed. Quantum readiness is pivotal in this next frontier and investing in the technical foundation is a critical step for organizations. Combining AI with exponentially greater computing power is now essential to unlock new value and develop innovative approaches to forecasting, optimization and decision intelligence.
The new capabilities also improve the testing, refinement and validation of quantum-enabled solutions, helping clients move beyond experimentation to gain first-hand experience with quantum solutions.
Raj Sharma, EY Global Managing Partner – Growth & Innovation, says:“AI may be the defining technology platform of this decade, and quantum will ultimately expand its horizons, creating entirely new opportunities for business and society. EY has already taken great strides in applying the power of quantum to cybersecurity and specific industry use cases. As the technology reaches its full potential over the next five years, it’s critical for global business leaders seeking competitive advantage to hone their data readiness and build strong foundations of data, trust, and governance in preparedness for the quantum age.”
Biren Agnihotri, EY Canada Chief Technology Officer, says:“This announcement shifts the conversation on quantum computing from concept to practical use for clients across markets. Quantum computing has the ability to solve complex challenges that classical computing alone cannot address. By combining local and global talent, ecosystem collaboration and leading-edge in-house quantum infrastructure, EY teams are improving how organizations translate quantum innovation into real-world solutions.”
Client Zero innovation As part of this, EY is bolstering its Client Zero approach, developing and testing quantum-enabled solutions within its own environment to help move visionary ideas toward practical use for clients. Owning the system in-house can help organizations address stringent regulatory, security, privacy and industry requirements that cloud-based alternatives cannot always meet.The investment builds on the EY organization’s recent quantum patent and strengthens the ability of EY teams to help clients identify where quantum can deliver measurable results. It further demonstrates how innovation led by EY Canada and other key markets can be scaled through the EY global network to support organizations around the world.
Too many people spend years building the perfect résumé for a future they may not even want. Warren Buffett’s advice is to stop postponing the work that matters.
There are times when delayed gratification is smart. Save money. Invest for the future. Develop your skills. Play the long game.
But there’s another kind of delay that can consume years of your life: putting off work you actually want to do because you’re busy constructing the career you think you’re supposed to have.
Warren Buffett once described the absurdity of that approach in a way only Warren Buffett could.
The young man had attended the right schools, worked for the right companies, and was considering joining a prestigious management consulting firm—not because that was what he wanted to do, but because it would make his résumé look even better.
Buffett essentially asked him, “When are you going to start doing what you actually like?”
“Someday,” the student replied.
Buffett’s response was unforgettable:
“Your plan sounds to me a lot like saving up sex for your old age. It just doesn’t make a lot of sense.”
Funny? Absolutely. But underneath the punchline is a serious warning about how people can waste enormous chunks of their careers.
Career procrastination disguised as strategy
We like to believe careers unfold logically. We’re told by professional recruiters and mentors to take a job for three years and get promoted. Then, use that track record to move to the more prestigious company. Add another credential, get the executive title, build the network. You know the routine…
Then, eventually, do something meaningful.
The danger is that “eventually” can become a career strategy that holds you back.
You can spend years in a job that drains you because you convinced yourself it was merely the next stepping stone toward the position, company, income, or status you really wanted.
There’s nothing wrong with paying your dues or accepting a role because it will teach you something valuable. The problem comes when you repeatedly trade away the present for an imagined or ideal future. Five years becomes 10. Personal priorities and family obligations come into the picture. The destination keeps moving further into the future.
And sometimes you finally arrive only to discover that you spent years—maybe decades—climbing a ladder leaning against the wrong wall. That’s the deeper wisdom behind Buffett’s provocative analogy: You cannot indefinitely postpone the parts of life that make life worth living. That includes your work.
Stop saving your career for someday
This doesn’t mean quitting your job tomorrow to “follow your passion.” It means becoming much more intentional about what you’re trading your time for.
If you’re considering your next career move, I recommend that you ask yourself a few questions:
Would I want this job if no one were impressed by the title or the company name?
Will this role make me better at something that matters to me?
Am I moving toward work I genuinely want—or merely building a résumé that looks successful to other people?
What exactly am I waiting for before I give myself permission to do more meaningful work?
Those questions become increasingly important the further you advance in your career.
Buffett saw the flaw in the young Harvard student’s plan immediately. The student was treating the career he actually wanted as something he could store away for later. Always waiting for the good things means you might run out of time.
And that may be the real lesson behind one of Warren Buffett’s funniest pieces of career advice: Build for the future, certainly. Just don’t postpone living—and working—in the present to get there.
10. How to Enjoy the Action Without Wrecking Your Wealth
None of this means prediction markets need to be off-limits. It means treating them the way you’d treat a trip to Vegas or a fantasy football buy-in: entertainment funded with money you can genuinely afford to lose.
Keep that money in a separate account from your investing dollars, and set a hard cap before you start, the same way you’d budget for any discretionary spending. Your long-term wealth building, the boring index funds, retirement accounts and diversified holdings, should never share space with a contract that pays out once and disappears.
The key is naming what you’re doing honestly. A prediction market bet on next quarter’s jobs report can be genuinely fun, and even informative, as long as you’re calling it what it is before you fund the account, not after you’ve lost more than you meant to risk.
1. Small Cap Underperformed Large Cap 4 Years in a Row Prior to 2026
The Irrelevant Investor
2. SPCX Unlock-Barrons
Barron’s
3. Leverage ETFs -Understand What You are Buying
Advisor Perspectives
4. Softbank Gives Up Half Its 2026 Gains
Bloomberg-In June, SoftBank briefly became the most valuable company on the Tokyo Stock Exchange, buoyed by enthusiasm around Arm, OpenAI and AI infrastructure investment plans. It’s since given up more than half of its gains this year.
Bloomberg
5. Five Year Inflation Swaps Not Predicting Inflation
Perplexity
6. The U.S. Added $450Billion to National Debt Since July 1
7. ”AI is Going to Cause Mass Unemployment”??? Jobless Claims Lowest Since 1969
Layoffs fall to the lowest level since the U.S. put men on the moon. Here’s what that says about the economy.
Rising sales and a labor shortage are deterring job cuts. Jobless claims haven’t been this low since 1969. Marketwatch By Jeffry Bartash
Businesses aren’t hiring lots of people, but they are extremely reluctant to shrink their workforces with sales rising and the economy still expanding.
The last time layoffs in the U.S. were as low as they are now, NASA was landing astronauts on the moon, young Americans were rocking out at Woodstock and President Richard Nixon was moving into the White House.
“Layoffs remain historically low and have, if anything, declined further this year,” said chief U.S. economist Stephen Stanley of Santander Capital Markets.
Ethan Allen’s CEO on Effective Leadership StrategiesSee All Videos
The ultralow level of jobless claims is another sign of a gradually strengthening labor market and possibly even a growing shortage of labor.
Businesses aren’t hiring lots of people, but they are extremely reluctant to shrink their workforces with sales rising and the economy still expanding.
New jobless claims in the last three weeks totaled 199,000, 198,000 and 189,000 after adjusting for seasonal swings in employment. By contrast, new claims averaged 223,000 in the same three-week period a year earlier.
“These are levels indicative of a sturdy labor market,” economists Robert Kavcic and Shelly Kaushik of BMO Capital Markets wrote.
8. 34% of American Homes are Affordable for Typical Household
Home affordability. “Americans need to earn $109,796 to afford the typical U.S. home for sale, down 0.5% from an all-time high of $110,382 a year ago … Just over one-third (34.2%) of U.S. home listings were affordable to someone earning the median income in June, up from 30.5% a year earlier.”
