Markets

8 Fascinating Reads

Here are eight great things I read last week.

Efficiency

Costa Rica is tiny and poor, so it's not comparable to bigger nations. But this is awesome :

Costa Rica is running without having to burn a single fossil fuel, and it's been doing so for 75 straight days .Thanks to some heavy rainfall this year, Costa Rica's hydropower plants alone are generating nearly enough electricity to power the entire country. With a boost from geothermal, solar, and wind energy sources, the country doesn't need an ounce of coal or petroleum to keep the lights on.

Loopholes

It's good to be rich :

Of the thousands of items packed into Gov. Andrew M. Cuomo 's $150 billion budget for New York State, one in particular seemed to float to the top: a tax credit for buyers of luxury boats.Though the word

Young guns

Tech is full of brilliant 20-somethings :

More than half of the industry's leading pioneers founded their companies before their 27th birthdays, from Sony's Akio Morita in 1946 (aged 25) to Mark Zuckerberg , who set up Facebook in 2004 when he was only 19, though that was still three months older than Bill Gates when he started in software.

Deep pockets

Here's allegedly what JPMorgan Chase CEO Jamie Dimon told Congresswomen Elizabeth Warren when confronted about regulations :

I told him that if that happened,

Allocation

As California deals with a serious water crisis, statistics like these become important:

Money comes pretty close to :

Jackpot

Money comes pretty close to growing on trees for some homeowners :

There are tens of thousands of homeowners who have missed more than five years of mortgage payments, many of them clustered in states like Florida , New Jersey and New York, where lenders must get judges to sign off on foreclosures.However, in a growing number of foreclosure cases filed when home prices collapsed during the financial crisis, lenders may never be able to seize the homes because the state statutes of limitations have been exceeded, according to interviews with housing lawyers and a review of state and federal court decisions.

Standing up

A Starbucks shareholder confronted CEO Howard Schultz about the company's performance after a boycott for vocalizing support for same-sex marriage. Schultz responded:

Simplicity

This new button from Amazon is pretty neat:

Have a good weekend.

The more you know about the most common mistakes that investors make, the better your likelihood of building lasting wealth. Click here for more commentary on how I think about investing and money.

The article 8 Fascinating Reads originally appeared on Fool.com.

Morgan Housel has no position in any stocks mentioned. The Motley Fool recommends Amazon.com and Starbucks. The Motley Fool owns shares of Amazon.com, JPMorgan Chase, and Starbucks. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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