🍋 Sleep Like it's the 1800s

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"Since [Jefferies] stock is right at all time high, they be cool. Thanks for asking." ― Rich Handler, Jefferies CEO (when asked how his shareholders feel about him spending time on Instagram)

Good morning! Hope y'all were able to enjoy a rare three-day weekend and did not look at your portfolio. Markets are expected to have a rough day today after Russia plays roulette and Putin ordered the deployment of troops to separatist areas within Ukraine. Elon Musk is trolling Elizabeth Warren again after she called him out for paying zero taxes in the past. Mark Cuban says a 2024 presidential run isn't completely outside of the realm of possibilities, but believes he can have a bigger impact through his business ventures like CostPlusDrugs.com. UK is lifting all Covid restrictions becoming the first major European economy to make such a step to return to normalcy. If you are not paying $10 for your morning coffee, you might be soon, as coffee prices experience the biggest spike since 2012. *make coffee at home gang has entered the chat*

ICYMI: 📢 We have a lot of exciting stuff planned for y'all this year and one of the things we are close to launching is a Short Squeez Premium membership. Before we do, we want to hear what will be most valuable to you. Please take 30 seconds to fill out this survey. We'll be sending our favorite book to 5 lucky winners who fill it out. Note the premium membership is separate from this daily newsletter, which will always remain 100% free.

1. Story of the Day: Sleep Like it's the 1800s

Getting enough good sleep, is essential to living a happy and healthy lifestyle. As with so many other parts of life, the pandemic has flipped our sleeping habits on their heads. More people now are sleeping in segments. Waking up in the middle of the night after catching a few hours of Z's, then knocking out some work or chores before passing back out in the morning has made a "comeback."

You might be wondering what a comeback means in this context. Well, according to experts, this pattern of sleeping in chunks of a few hours at a time was all the rage in the early 19th century. You can thank artificial light and rigid factory timetables for the current system that most people follow.

Marcela Rafea, a photographer and mother of three who lives in Illinois said, "I needed that night wakefulness to make up for the time that I didn't have for myself." She's part of an unofficial movement we're witnessing in the country where people who work from home are trying to focus on self-care.

It's clearly a much needed shift. 30% of people in a study from 2010 by the Journal of Psychosomatic Research said that they wake up in the middle of the night at least three times a week. A surprising 25% of people from a different study done at University of Pennsylvania say that they suffer from insomnia. 

Mark Hadley, a finance manager, says he heard about segmented sleep and was able to implement it thanks to remote work, after years of not being able to sleep all the way through a night. Doctors aren't sure if this is really beneficial though. Since nobody has really practiced this since pre-Civil War, there's not much data on the long-term impacts of segmented sleep.

Short Squeez Takeaway: We live in a society..... The fact that people feel the need to wake up in the middle of the night to take care of daily aspects of life, is unfortunately very revealing about the world we live in. Some of y'all are probably sitting there reading this thinking, "What's the big deal? I've been doing this since my 1st year as an investment banking analyst, way before it was cool."

Source: NYT

2. Top Reads

  • You think you're worried about inflation and supply chain issues? Think about small businesses (WSJ)

  • Americans are having to make sacrifices on food and medicine to pay energy bills (Fox)

  • Putin officially ordered forces in to independent rebel eastern Ukraine (CNBC)

  • Bond fund investors are helping support stocks (WSJ)

  • The "expectation gap" is one of the new contributors to the Great Resignation (Fox)

  • Trump's social media app "Truth Social" offered on Apple App Store (AP)

  • Hedge funds see risks in once profitable Chinese bond market (BB)

  • New York Mayor Eric Adams and his battle against subway crimes (NYT)

  • Juwan Howard, Michigan basketball coach, suspended after fight with other team's staff (ESPN)

A Message From ViewSonic: Portable Monitors for Productivity on the Go

Gone are the days of working from the office all the time. Working from home or on the road is where it's at. The worst part about working on the road? That tiny tiny laptop screen… It doesn’t have to be that way though. ViewSonic is changing the game with their portable monitors.

The monitors look beautiful and are lightweight af. With a weight of less than 2 lbs. and a thickness of just .6 in., these ultra-slim portable monitors can be effortlessly stowed into backpacks, purses, and even laptop cases. 

Simply plug in a single USB Type-C cable that transfers power, audio, and video, and watch your productivity take off with a second screen.

I myself use one of these and highly recommend.

Use code OWS for 15% off ViewSonic portable monitors in the US & Canada.

3. Book of the Day: The Next Apocalypse: The Art and Science of Survival

Pandemic, climate change, or war: our era is ripe with the odor of doomsday. In movies, books, and more, our imaginations run wild with visions of dreadful, abandoned cities and returning to the land in a desperate attempt at survival.

In The Next Apocalypse, archaeologist Chris Begley argues that we completely misunderstand how disaster works. Examining past collapses of civilizations, such as the Maya and Rome, he argues that these breakdowns are actually less about cataclysmic destruction than they are about long processes of change. 

In short: it’s what happens after the initial uproar that matters. Some people abandon their homes and neighbors; others band together to start anew. As we anticipate our own fate, Begley tells us that it was communities, not lone heroes, who survived past apocalypses—and who will survive the next.

Fusing archaeology, survivalism, and social criticism, The Next Apocalypse is an essential read for anxious times.

“It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.”

4. Short Squeez Picks

  • No deal-maker should have to spend half their week creating contacts or logging interactions in a CRM. Save time, work smarter, and close deals with Affinity

  • Preserve generational wealth Podcast

  • How to create the life you've always wanted Podcast

  • Blended families have unique issues to deal with, including financially

5. Daily Visual: Walking Becoming More Dangerous

Pedestrian traffic deaths from 2000-2020 (2020 numbers are projected)

Source: Axios

6. Daily Acumen: Office Jerks

During our working lives, we are likely to have spent 90,000 hours in the office with people not of our choosing. The people we work with affect our stress levels, well-being, and our relationships with our families.

Since we have little say over who we work with, it is unsurprising that we have conflicts at work. Using our knowledge of close relationships, we can apply three lessons to conflict at work.

Don’t avoid confronting people at work. But when you do it, don’t lead with criticism, lead with a compliment.

If you are infuriated with someone at work, bring them closer, don’t push them away. Avoiding your colleagues is not the smartest move. Ask them for help or advice instead and build a better relationship. 

The best allies at work aren’t our close friends and confidants. They are well-connected colleagues who work at arm’s length. While best friends make you happy, well-connected allies outside of your immediate network can provide you with insights that can help you succeed; you just need to know when to ask.

Source: WSJ

7. Crypto Corner

  • Here's a podcast about the adoption of crypto by financial advisers

  • Betterment making moves into the crypto space

  • Crypto exchange founder says next bitcoin bull run won't happen for years

  • Man City football club will build stadium in the metaverse

  • Buzzfeed battles Bored Apes

  • Crypto exchange picking up the sticks and getting in on gaming

8. Memes of the Day

 

 

 

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