Yeah, this just happened (h/t @yasher)
Of course, it’s delicious to see Sean Spicer get his comeuppance. It’s even more gratifying to see the basic insights from the index fund revolution penetrate the far corners of popular culture. Indeed the advice in that US Weekly tweet–Yup, that’s point #3 in my Index Card–beats the advice provided by many financial advisors, who channel clients into costly active funds, annuities, and other inappropriate products.
There’s a broader point here, too. Lifestyle magazines such as US Weekly, People, Ladies Home Journal, Teen Vogue, and Cosmo include celebrity gossip, fashion and hair tips, relationship advice, and so on. These magazines also include surprisingly serious fare on health policy, disability, LGBTQ issues, and more. Each of these magazines employs some excellent journalists. They reach millions of readers who care about important things, even if they also want the low-down on Johnny Depp’s latest whatever and that other person’s red-carpet fashion disaster at the Grammy’s. That’s human life, giving the important, the titillating, and the mundane what they are due.