77. When I was a kid, I lived in a skating rink and later a trailer park. Rent seeking behavior towards those in poverty is disgusting, and companies that treat low income people with dignity and make their lives even a little easier can build a lot of loyalty.
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78. Sometimes, one of the worst investments you can make is in yourself. Humans depreciate quickly and if you don’t make it to the immortality cutoff, you’re screwed. But ownership is a leech on other people’s time and can keep growing stronger well after you’re six feet under.
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79. A great heuristic to gauge someone’s financial sensibility is to ask about their opinion on Rich Dad, Poor Dad. I have yet to find another question that cuts through so much BS so quickly.
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80. Investments exist outside of financial markets, and there’s no reason you can’t apply your financial knowledge to investing outside the usual domains. Direct response marketing, with its focus on immediate sales, is tailor made for it. Used to be my job, actually.
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81. The tech bubble at the turn of the century wasn’t wrong, just early. Same with the railroads. Just took until the industry consolidated to work. There’s often a big kernel of truth in mass delusions that makes them believable. Survivors of wash outs are worth looking at.
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82. Walker’s Manual of Unlisted Stocks is a treasure map of OTC stocks, but more of the treasure gets dug up with each year that passes. It still has value as a starting point but one day its primary value will be as an antique. Would recommend getting one if you can find one.
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83. A lot of people claim the dollar isn’t backed by anything since the end of the gold standard. That’s wrong. The dollar is backed by 3,800 nukes and the only demonstrated willingness to use them in warfare throughout history.
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84. Okay, that last one’s a joke. Kind of. But Madman Theory shifts the Overton Window of what’s possible not only in politics, but markets and business as well. It can be a competitive advantage to make people think you’re a nutcase.
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85.
$CHWY is the perfect stock to play the immortality theme. Dog trials are happening before humans, and the longer Rover lives, the higher the LTV of a customer. It’s gonna be a big shock to the market when dogs start collecting Social Security.https://www.cbsnews.com/news/harvard-geneticist-george-church-goal-to-protect-humans-from-viruses-genetic-diseases-and-aging-60-minutes-2019-12-08/ …3 replies 0 retweets 56 likesShow this thread -
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