TOPLEY’S TOP 10 August 19, 2026

1. History of Bull Markets that Run Over 3 Years

Spilled Coffee


2. Situational Awareness Portfolio

Boyan Girginov


3. 30-Year Treasury Yield New Highs…EQRR ETF for Rising Rate Stocks

Stock Market Media


4. Target Stock Close to Double Off Bottom in 2025….About to Break to Above 2024 Levels

StockCharts


5. Top 50 VC firms ranked by investment outcomes

Each firm receives a score based on three measures of investment performance since 2010.

By James Thorne and Jordan Rubio

  • 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.

https://www.ey.com/en_gl/newsroom/2026/07/ey-announces-on-site-quantum-computing-to-help-shape-the-next-frontier-of-enterprise-technology-transformation


9. Metro Areas with Largest Population Born Out of State

NY Times


10. Warren Buffett Said 1 Career Plan Is Like ‘Saving Up Sex for Your Old Age.’ Here’s What He Meant—Inc.com

Buffett’s classic career advice is a reminder that building the perfect résumé means little if you keep postponing the work you actually want to do.

EXPERT OPINION BY MARCEL SCHWANTES, INC. CONTRIBUTING EDITOR, EXECUTIVE COACH, SPEAKER, AND AUTHOR @MARCELSCHWANTES

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.

During a 2001 talk with students at the University of Georgia, Buffett recalled meeting a Harvard Business School student who had carefully engineered his career around creating a résumé that would impress.

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.

https://www.inc.com/marcel-schwantes/warren-buffett-said-one-career-plan-is-like-saving-up-sex-for-your-old-age-heres-what-he-meant/91392130?utm_source=newsletters&utm_medium=email&oly_enc_id=9218E7578789E9D

TOPLEY’S TOP 10 August 18, 2026

1. Midterm Year Pullbacks Have Been Followed by Double-Digit Gains

by Frank Holmes of U.S. Global Investors-Advisor Perspectives Blog

Advisor Perspectives


2. But Stocks Have Risen After Every Midterm Election Since 1962

Advisor Perspectives


3. DRAM Stocks Summer Volatility Summary-Bespoke

Bespoke’s 


4. Hedge Funds Shorting Nasdaq??

Barchart


5. Ex China Emerging Markets 5-YearTrade–Emerging Markets Ex-China +79% vs. vs. I-Shares China ETF -14%

YCharts


6. Private Credit Bad Loans Still Ticking Higher

Private credit under strain as troubled loans swell

Perplexity


7. Home Depot 5 Years of Flat Returns

Google Finance


8. 11 Years in Penal Colony for Putin Critic

Semafor


9. 1/3 of Middle Class Wealth in Real Estate

USAFacts


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. 

https://www.success.com/prediction-markets-investing-or-gambling

TOPLEY’S TOP 10 August 17, 2026

1. Data Centers are a Texas Story

The Data Center Boom Is a Texas Story-Torsten Slok

The Daily Spark


2. NHL Hockey ETF

Eric Balchunas


3. 5.5 ETFs Per Trading Day Launched in 2026

Perplexity


4. VIX Volatility Index Breaking to Previous Lows

StockCharts


5. EWY South Korea ETF -35% Correction from High…Still Held Above 200-Day

StockCharts


6. XLF Financials ETF Break Out to New Highs

StockCharts

Google


7. Everything We Experienced in 2020’s Can’t Take Stock Market Down-Ben Carlson

To reach new highs again and again in the 2020s investors have had to ignore:

  • A global pandemic.
  • The fastest 30%+ drawdown in history.
  • A supply chain crisis.
  • Meme stock mania.
  • A 40-year high inflation rate of 9%.
  • Russia invading Ukraine.
  • $140/barrel oil prices.
  • The Fed hiking rates 75 basis points in back-to-back meetings.
  • Short-term bond yields go from 0% to 5%.
  • An inverted yield curve.
  • Silicon Valley Bank crisis.
  • The 2022 bear market.
  • The worst bond market crash in history.
  • One of the worst years ever for a 60/40 portfolio.
  • Mortgage rates go from 3% to 8%.
  • Everyone predicting a commercial real estate crisis.
  • Evergrande/China real estate crisis.
  • Government shutdowns.
  • Debt ceiling stand-offs.
  • U.S. credit rating downgrade.
  • The Yen carry-trade unwind.
  • Liberation Day tariffs.
  • The Iran War.
  • Oil/gas prices spike (again).
  • 30-year Treasury yields move to the highest levels since 2007.
  • Recession predictions every single year.
  • Stagflation fears.
  • 73 crash predictions from Robert Kiyosaki.
  • 19 Michael Burry top calls.
  • 10 straight years of worrying about stock market concentration.

https://awealthofcommonsense.com/2026/08/making-it-to-new-all-time-highs/


8. Most Educated Cities in America

Visual Capitalist


9. Metro Area Where Millennials Own Homes

Inquirer


10. Is Your Nervous System the Missing Piece of Health? Doctor Hyman

Mark Hyman

TOPLEY’S TOP 10 August 07, 2026

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.

So-called initial jobless claims, filed by people who lose jobs, totaled less than 200,000 for the third week in a row — a feat last accomplished in 1969.

“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.

Nela Richardson, chief economist at the large payroll processor ADP, said people who switch jobs have seen a notable bump-up in salaries. That’s a sign businesses are willing to poach employees from other companies to fill key roles.

https://www.marketwatch.com/story/layoffs-fall-to-the-lowest-level-since-the-u-s-put-men-on-the-moon-heres-what-that-says-about-the-economy-71f7bd23?mod=home_lead


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.”

Redfin


9. Illicit Drug Usage

Semafor


10. Top 20 Most Valuable College Football Programs

Svea Sturm

TOPLEY’S TOP 10 August 06, 2026

1. July Returns…Semiconductors and DRAM Stocks Correction

@Charlie Bilello


2. Profit Margins Better in 10 of 11 Sectors

Profit margins. Higher margins are not just a Tech story: 10 out of 11 sectors are experiencing margin expansion.

Manish Kabra – SocGen


3. History of Micron MU Drawdowns

Jared Dillian Money It’s important to remember that semiconductors are the canonical cyclical sector in the market—and that memory is the most cyclical corner of semiconductors. Take Micron, for example. It earned $8.7 billion in fiscal-year 2022. It lost $5.8 billion in fiscal-year 2023. Just looking at the last decade, it has been like riding the Zipper:

How has that affected the stock? Peak-to-trough drawdowns of 50–90% are routine, not exceptional:

  •  Dot-com bust (-90%+)
  • 2008 (-90%)
  • 2015 (-60%)
  • 2018–19 (-60%)
  • 2022 (-50%)

Jared Dillian Money


4. I Have Mentioned Rolling Mini-Bubbles….Summary by WSJ James Mackintosh

WSJ


5. Massive Short Interest in SPCX….But Window Opening for Insider and Early Investor Selling

zerohedge


6. MAG 7 Closing in on New Highs….$72 Print Needed

StockCharts


7. Fed Rate Hike In September Chances Fall Below 50%

Polymarket


8. Who Controls the World’s Money?

@stockregion


9. 300 Legislators Have Served More Than 30 Years in Congress

Barrons By Brian Hamilton  To date, more than 300 legislators have served for more than 30 years in Congress. Some 70% of the current members were career politicians before they made it to Washington. No Founder would have even thought to consider laws around term limits because they couldn’t have fathomed hanging out well beyond their welcome, all the while depending on the government dole for their salary.

The natural question is, why would legislators want to stick around for so long?

It turns out that, since 2004, the top 100 wealth gainers in Congress have averaged a 114% increase in net worth while in office, according to a recent Ballotpedia study. During the same period, the median U.S. household saw its inflation-adjusted net worth decline by nearly 1%. That means that for every $1 of wealth the average American lost, Congress’s top 100 gained $121. Wow. Today, at least 30% of senators are estimated to be worth more than $10 million, despite their taxpayer-funded base salary being just $174,000.

How is this possible?

One obvious explanation is that these politicians are privy to information that average Americans aren’t, yet they are still permitted to own and trade individual stocks. The 2012 Stock Act, which requires members of Congress to report stock trades worth more than $1,000 within a 45-day window, does nothing to curb legislators’ trading.

You would hope that they would want to act in the interest of the country without the appearance of personal gain. However, an investigation conducted by a consortium of news organizations that analyzed nearly 9,000 financial-disclosure reports identified 78 members of Congress who violated the Stock Act.

https://www.barrons.com/articles/want-to-be-a-millionaire-dont-start-a-business-run-for-congress-6a4385c9


10. A preventive neurologist shares 2 overlooked dementia risk factors-Business Insider

A preventive neurologist said hearing loss is associated with a higher risk of dementia. 

  • A preventive neurologist said vision and hearing loss are risk factors for cognitive decline.
  • Some researchers theorize that sensory loss reduces brain activity and stimulation.
  • Wearing sunglasses or earplugs at concerts can go a long way in curbing vision and hearing loss.
  • How do hearing aids impact dementia risk?
  • What tests catch early vision loss?
  • How does isolation affect cognition?

Provide feedback

What feels off in this AI-generated summary?

If you’re trying to reduce your personal risk of developing dementia or Alzheimer’s, the answer might be right in front of your eyes — or within earshot.

Dr. Kellyann Niotis, a preventive neurologist and assistant professor of neurology at Weill Cornell Medicine, said vision and hearing loss are two risk factors for cognitive decline.

“They’re two big ones that people don’t often think about as related to their brain,” Niotis said at a June salon dinner with Julianne Moore to promote Brain Health Matters, a public health campaign from Lilly to encourage brain health awareness. “So if you are not up to date on your annual screenings, please, please, please do that.”

Niotis, who focuses on diseases like Alzheimer’s, told Business Insider that she hopes more people will take risk factors like sensory loss more seriously as they age. A 2024 Lancet study found that nearly half of all dementia cases worldwide could potentially be prevented by mitigating risk factors, including vision and hearing loss.

Niotis shared why our eyes and ears are so linked to brain health — and what to watch out for.

Why sensory loss may be connected to cognitive decline

Niotis said researchers are still trying to figure out exactly why hearing and vision loss are tied to neurodegenerative diseases like dementia. As of now, there are some hypotheses.

One is related to brain stimulation. A big part of brain health preservation is challenging your brain, be it through puzzles, learning a new language, or playing an instrument, Niotis said.

Sensory loss can make it harder to activate certain parts of the brain. “There’s a thought that as someone loses their sight, they aren’t being provided with that sensory stimulation that that region of the brain needs,” Niotis said.Another theory is more straightforward: losing your sight or hearing has downstream effects on other brain-healthy habits. “If you can’t see well, are you less socially engaged? Are you more socially isolated? Are you less willing to engage in activities, like exercise, that otherwise are keeping your brain active?” Niotis said.

Watch out for halos or other people complaining about your hearing

When it comes to sensory loss, there are a few red flags to watch out for.

For vision loss, conditions like cataracts are common in older adults and reduce visual sharpness. Even so, “if that’s significantly impacting your ability to see, it could be putting your brain at risk,” Niotis said, whether the loss of vision weakens signals in the brain or changes how you socialize.

You should consider getting an eye examination if you experience signs of glaucoma (a group of eye diseases that damage the optic nerve), changes in how you perceive colors, seeing a lot of halos (such as when you’re driving), and words “jumping” around the page, she said. These are not, on their own, direct symptoms of dementia or cognitive decline, and do not necessarily influence dementia risk. However, untreated, they could become risk factors down the line, Niotis said.

Hearing loss is a little more subtle: “It’s often recognized by people around you,” Niotis said, so if you’re suddenly fielding complaints from friends and family, it might be a sign to get your hearing checked — and not delay it. “Most people I find are not able to appreciate that loss the same way they are able to appreciate vision loss,” she said, making it easier to dismiss.

Thankfully, there are some ways to preserve your hearing and vision.

One of the biggest preventablecauses of hearing loss “is completely in our control,” Niotis said. “It’s exposure to loud noises.” She said taking precautions such as wearing earplugs at concerts or proper hearing protection when working loud machinery is very important.

When it comes to vision loss, Niotis said wearing sunglasses and reducing direct sun exposure to the eyes can protect the eyes from ultraviolet radiation, which contributes to cataracts and some other UV-related eye damage.

And while there’s no research that links permanent vision loss to screen time, Niotis said it can still be a good idea to take screen breaks. “If you’re someone who’s staring at a phone or screen all of the time, you’re training your eyes to do one particular task, which is to converge and look in front of you,” she said, potentially leading to temporary eye strain or eventual nearsightedness.

For that, she recommends taking a break and going for a walk — an already brain-healthy habit.

This article is not a substitute for professional medical advice, diagnosis, or treatment. Always consult your qualified physician or healthcare provider.

https://www.businessinsider.com/dementia-risks-people-always-miss-preventive-neurologist-2026-7