Not to argue any one emotional response to that is more valid than another, but believe the macro to be so, so, so far below the micro that your degree of concern as entrepreneur for macro should be similar to Tuesday’s A/B test specifically. (Adjust a bit upwards for raising.)
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I’ve got a graph going back to 2006 and while you can certainly detect extended illness of yours truly on it, no financial crisis, election, or news story mattered a whit. Feel roughly same about your business. The thesis is true. What would have to change to falsify it?
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Of course. We do run the risk of being reliant on hiring, so we need enough cash to weather potential storms
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Wait what, you're in your late 20s? I had vaguely assumed 40s from your writing without looking at your avi closely. Holy shit.
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Oic, I'm 28 in 2 months. Good going - fantastic really! Hope it always continues.
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I was 26, just got married and then had a baby. Had sold everything we owned to go do service work in http://Iraq.in late 2006. Came back in 2008 and couldn’t figure out why the heck we couldn’t get jobs. That’s when I started web dev.
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Something in the air right now feels very similar to those years.
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but the impact of it lasted for what it felt like almost 5-6 years.
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M8 the impact is still ongoing. There has been no recovery. Wages are stagnant. Most Americans live paycheck to paycheck. House prices still have not come down to reasonable levels.
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Middle class life 30% more expensive than 30 yrs ago.https://www.npr.org/2018/06/26/623367320/squeezed-explores-why-america-is-getting-too-expensive-for-the-middle-class …
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Whoa, the lighting in your profile pic makes the thumbnail look around 50 years old, so I had assumed you were a lot older.
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This cycle is taking forever. It’ll only get to overheated levels once people stop waiting for and talking about an impending crash.
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If you're 28 then you totally did experience it. You watched a generation fail to launch. And totally don't understand what anyone is talking about w/ any alleged recovery or some future crash - the economy is still abysmal.
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I had started my first job, in an investment bank, on 15th Sep 2008. The day Lehman went bankrupt.
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You’ll like this then!
https://twitter.com/raydalio/status/1032401980419919872?s=21 …
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Waiting for that buying opportunity.
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Trying to time the market has shown to be a bad strategy. Hopefully you haven’t been sitting on the sidelines this entire time
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