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The most concerning part about this is that most Europeans don't realize how stagnant Europe has now become Europeans are literally blue-pilled and are mostly concerned with climate change, immigration and the Ukraine war Nobody in Europe is thinking why increasingly everything…
Wake up Europe, the digital age is bypassing you. You have no Google , Amazon, Meta, Apple. You arrogantly called SpaceX a fanciful dream and it wiped out the European Space Agency. You have no Nvidia and your response to AI has been to regulate before you have anything domestic…
„As Lao Tzu said, “those who have knowledge don’t predict. Those who do predict don’t have knowledge.”“
I highly recommend going through these charts -- and reflect on it every time you think you know what's going to happen next because of some macro variable. bilello.blog/2024/2023-the-… via @charliebilello
Virtually anyone can become a decent long-term investor. Here’s how: 1. Understand compounding 2. Build systems you can stick with 3. Follow steps, not headlines Later today, I’ll dive deeper and explain why most people fail at this. Subscribe here: moneysunday.substack.com
It is tempting to use this - initially disheartening - fact of life as an excuse to jump from area of interest to area of interest. Resist the urge. Lifelong mediocrity would be guaranteed.
Been thinking about this Tweet for some days. Been mostly passive on Twitter for a good 10 yrs. Maybe @pmarca just provided a framework for me to change that. No one has a clue what the f*ck is going on. Doesn't mean we shouldn't try to approximate the truth.
I’ve long spoken and written in public, often to the point where people ask me to stop. But enough other people ask me to continue, and so continue I do. I’ve rotated through various experiments, from longform blogging to essay writing to witty aphorisms. Now I’m starting a new…
AR goggles seem like such an obvs, almost inevitable next evolution of our smartphones, I wonder if the future may not bring an entirely different device instead.
In 2023, we work, play, socialize, advocate, communicate, transact, earn a living, express our political and social views, fall in love and marry, and keep in touch with our families, primarily in the digital realm.
Never bet against America.
💡 "History is mostly the study of unprecedented events, ironically used as a map of the future. (...) The most valuable part of history is studying how people behaved when something unprecedented happened." - @morganhousel
I fucking love it.
The amount of swearing on earnings calls has gone up quite a bit. 🫢😅
And this my friends, this is why we work on open protocols and standards for the future of money, rather than build casinos.
Reminder that “Inflation is coming down” is not a variant perception.
The negative records keep coming in, frequent and fast.
From @BankofAmerica Global Research: YTD annualized return for the 60/40 portfolio is the worst in 100 years.
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