A summary of this week’s best articles. Follow us on Twitter (@INTRINSICINV) for similar ongoing posts and shares.

Google Is Developing Technology for Snapchat-Like Media Content (Amol Sharma and Jack Marshall, @asharma and @JackMarshall, WSJ)

The way many people are consuming news has been changing. They receive articles from many different news sources through Facebook, Snapchat, and Apple. Google is now trying to make a similar experience with “Stamps.”

Why Does Pessimism Sound So Smart? (Morgan Housel, @morganhousel, The Motley Fool)

The basic instinct for survival is a reason humans perceive threats and risks as urgent. For investors, this can translate into giving more attention to pessimistic news. Then the mind has a great way of rationalizing the urgency of bad news.

With $1 Trillion Chasing Deals, Investors Park Cash in ETFs (Sarah Jones, @BySarahJones, Bloomberg)

There is an excess of cash waiting to be invested in private equity. During this period, cash balances have increased to a recent high. Some institutional investors are looking for liquid investments to hold until the private equity fund is ready for additional investments.

Clients of Ensemble Capital own shares of Google (GOOGL) and Apple (AAPL).

For more information about positions owned by Ensemble Capital on behalf of clients as well as additional disclosure information related to this post, please CLICK HERE.

While we do not accept public comments on this blog for compliance reasons, we encourage readers to contact us with their thoughts.

Past performance is no guarantee of future results. All investments in securities carry risks, including the risk of losing one’s entire investment. The opinions expressed within this blog post are as of the date of publication and are provided for informational purposes only. Content will not be updated after publication and should not be considered current after the publication date. All opinions are subject to change without notice and due to changes in the market or economic conditions may not necessarily come to pass. Nothing contained herein should be construed as a comprehensive statement of the matters discussed, considered investment, financial, legal, or tax advice, or a recommendation to buy or sell any securities, and no investment decision should be made based solely on any information provided herein. Links to third party content are included for convenience only, we do not endorse, sponsor, or recommend any of the third parties or their websites and do not guarantee the adequacy of information contained within their websites. Please follow the link above for additional disclosure information.