GenevaInvestor
@GenevaInvestor
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Long $VOO, $QQQM, $PLTR, $AMD, $HIMS, $TSLA, $BTC | SeekingAlpha Contributor | Knows the difference between 21 Million and 8 Billion | Opinions my own, NFA
Switzerland
Joined November 2022
This quarter I became a USD Millionaire. My net wealth is ~ $1,130,000. I reached this milestone ~8 years after having started to seriously invest. It may seem quick, and I do think it is a function of fairly unique circumstances:. 1) Not having to pay capital gain taxes in.
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Journalists are a special breed. This article seriously claims that ‘British families’ will now be able to move in upscale #London because prices have crashed 14%. They bring a 3.15 MLN £ home as an example. Yes, definitely affordable for the average British family. What
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It’s insane to think about tackling global warming without nuclear energy, GMOs and A/C. All the while maintaining a supposed moral superiority over the rest of the world.
Germany switching off its perfectly fine nuclear power plants, but keeping coal power plants instead to fight climate change in one picture. Enjoy your air quality.
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If this 10% tariff ends up actually happening it is:. 1) Proof not even the dumbest President in the history of the US in its strongest election victory can fuck up America.2) Proof Trump is a total clown.3) Very bullish. In Buffett’s words: never bet against America.
BESSENT: 100 COUNTRIES WILL GET 10% RECIPROCAL TARIFF. So basically, you guys accomplished absolutely nothing in your 90 day negotiation window and now we all have to pay a 10% tax for your stupidity?.
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I recently wrote a new #Palantir $PLTR article on SeekingAlpha that triggered lots of comment. This comment struck me as it is covers a common misconception about AI: . AI is NOT about LLMs like ChatGPT. LLMs are a commodity - there are literally a dozen models nowadays that
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Made me cackle.
Gold is physical bitcoin.
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Just a friendly reminder that #China bulls were calling victory a few months ago because of the spike below in Chinese stocks (a "bull run" for Chinese standards). Literally the only reason anyone, ever, could have made positive returns in China long term (accounting for
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And to be clear: I have nothing against German people overall. There clearly are (and always were) plenty of sensible Germans that understand the issue. Germany also has woken up, hopefully, and will revert course. A strong Europe without a strong Germany is not possible.
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One of the great lies of the #EU was the "North vs. South" argument in the 2010s. In reality, Germany just profited from a chronically weak currency to under invest in R&D and infrastructure. German companies became lazy and globally uncompetitive. Today, they can barely.
Italians delivering higher GDP per person employed than Germans challenges the arrogant narratives about hard working, efficient Germans, and lazy Italians. Surprised?
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#TACO Tuesday is here!.
BREAKING: Trump has said the administration is working on a ‘temporary pass’ for immigrants in certain industries, like farming. Meanwhile, ICE has officially paused worksite arrests in the agriculture, restaurant and hotel industries.
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Of all Social Media, there is nothing more utterly useless than @Reddit. On top of being an echo chamber for leftists, NPCs and Incels, it literally provides no value. It is just condescending assholes smelling their own farts. You literally can never have an adult conversation.
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All that is wrong with socialism in 1 tweet: a leeching mentality hidden behind "don't be greedy". This works wonders as long as it's not you to be accused of "being greedy". The moment you want to work hard and (heresy!) build wealth, you quickly discover that it's not great.
@robprogressive Or, the fact that you’re all already millionaires, how about you stick it out rather than be greedy and leave all the decent people in the lurch and make the situation worse by leaving.
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The #EU just gave a huge governmental aid to big airlines, hiding behind consumer rights. They just banned airlines from charging extra for hand luggage. This will help the @lufthansa and @airfrance cartel, which already don’t charge for luggage, at the expense of low cost.
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Sums up why the socialist nonsense of ‘just tax the rich’ doesn’t work. The problem in the West is spend, not income.
@Greoryth @SenWarren Jeff Bezos' $238 billion, if given to the federal government, would fund U.S. spending for about 12 days, based on the $7.0 trillion FY 2025 budget ($19.18 billion daily). Wealth taxes could reduce inequality and fund services, but critics argue they risk economic harm,.
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Here we are again - Trump learning absolutely nothing. How much longer with literal retards in the White House?.
🚨🚨 BESSENT: 20 COUNTRIES COULD GO BACK TO LIBERATION DAY TARIFFS. Why are we doing this nonsense again?.
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What a time to be a luxury Realtor in NYC.
How do you feel folks about taxes based on race? . Maybe I‘m not progressive enough, but it sounds racist to me.
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If there is one thing I would bet on: the $EUR cannot stay strong for much longer. This reaction makes no sense when you consider the dire state of the #EU economy. Demographic and productivity issues are structural and will be solved by printing more Euros in the form of the.
It seems that the Euro's recent surge — now at its highest level in almost 4yrs — has little to do w/strong econ fundamentals. In fact, econ data from both Europe and the US has mostly disappointed. The Euro’s strength likely reflects more of a weakness in the US Dollar. There’s
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Imagine if people in #Barcelona or #Venice knew that the solution to over-tourism is free market capitalism.
-10.1% international tourists in May. 48.9% more Argentines travelling abroad in May
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Sadly most Westerners are unaware or indifferent about the most recent, rapid success of capitalism in Argentina. They prefer to vote for people who promise more stuff for free, paid by taxpayers.
🚨 Breaking: Argentina's 🇦🇷 annual GDP growth now stands at 5.8%, the highest in the Western world, and higher than China!. @JMilei's miracle is unstoppable!
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Trump can only blame himself for the victory of Mamdani in NYC - if he didn’t act like a complete idiot for 6 months, people would still have trust in the GOP. Instead, they not look at socialism given the lack of decent ideas from mainstream parties.
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