24' Recap Time / 25' Vibes Time Still later than I wanted, but earlier than last year (again). By next year I might even get this done by mid-Jan =) As always, I appreciate #fintwit for being a valuable learning place and putting up with me lol Onto the data...

Still one of my favorite disconnects in markets. God forbid you think through both.

lol. Love Jensen but a watch literally represents “now” anytime you look at it.

Always a high correlation between people who constantly worry about the future and those who don’t take much action to improve themselves or their situation. Really the worst of both worlds.

I’m not saying to pay off a sub 3% mortgage but this gets at a simple thing. Conservative Balance Sheets provide tons of flexibility moving forward. Easier to take risks. Easier to compound. Clearer thinking. Etc. Works personally and in business.

The default state of nature is poverty, and we've been clawing our way out of it for the last 200 years

Or maybe not. Complexity traditionally sells better. It just hurts my brain when I hear some of the setups these people have. So much wasted time and energy that could be spent on the business or family.

Multiple advisors. Tons of different accounts. Random private investments. 10+ credit cards. It’s wild. There must be a niche that focuses solely on helping wealthier people simplify. It won’t work for everyone but I imagine that value prop alone would entice some folks.

This applies to personal finances just as much. Anytime we consult on a business, I’ll typically inquire about their personal investment setup at some point (I can’t help it). Mostly boomers ftw. The amount of needless complexity in their personal finances is through the roof.

Alternative take: Buy watches you want to wear 😉 In a world where almost everything has become an “asset/investment”, there is a lot of emotional alpha in keeping things simple and practical.

Happy weekend yall. https://t.co/79wCG5f26o

Industries all the way down 😁

The one thing that makes me want to be bullish on crypto is how much boomers dismiss it. I don’t think most industries are better served going on chain (with a few exceptions; govt data and payments etc) but I can see millennials and Gen Z forcing it anyways to spite boomers.

Friendly reminder: If you want to to say you buy and hold for long periods, you really should be spending most of your thoughts on on how EPS (Or EBIT/PS) might look over the next 5-10 years. Then move on to is today's price fair. Not the other way around.

https://t.co/7BZmvPaGQk

If I get rich, there will be signs.

A+ sandwich chips.

Starting to see more and more thc can drinks in my life. Really starting to feel real. Are the kids drinking these today also instead of alcohol? @aaronvalue any of these brands getting offers from the big alcohol / tobacco guys yet?

Pretty ironic that capitalism (tech), not politicians, are going to bring us back to manual labor jobs becoming to most in demand jobs this century lol

Dammit. I'm starting to get interested now.

I don't get this. Both SmB and HmL had negative returns during that testing window (09-24). And a generic LCG ETF beat a generic SCV ETF by ~5% per yr in that same window? I'm clearly not understanding how these results came to be.