Day 1,255: silver lining

By symmetry, this year’s capital losses have a silver lining: future real returns have gone up.

https://www.economist.com/leaders/2022/12/08/investing-in-an-era-of-higher-interest-rates-and-scarcer-capital

Investing in an era of higher interest rates and scarcer capital

Artwork of the day 
Silver Favourites
Sir Lawrence Alma-Tadema
Date: 1903
Style: Romanticism
Genre: genre painting
Media: oil, canvas
Dimensions: 69.1 x 42.2 cm

Word of the day 
silver lining: an advantage that comes from a difficult or unpleasant situation

Quote of the day
“He is beauty, inside and out.
He is the silver lining in a world of darkness.
He is my light.”
― Marie Lu, Prodigy