Sometimes I think about how it’s weird that we all have to play a giant weird magical thinking game of “predict the future of the entire world in terms of stocks” just to ensure a modest middle-class retirement.
-
-
This game is not something I have much aptitude for, yet I have to play it, as do you. We are all far less fit for this job of insuring the last third of our lives than we are for however we earn a living. Yet collectively it works better than command-economy+gold+land.
Show this thread -
The 1/3 life job most of us have but don’t want. Kinda like going to school. The first and last thirds of life are dominated by “jobs” most people don’t want. Annoying. Four stages of life: school, precarious survival, portfolio management, healthcare system navigation.
Show this thread
End of conversation
New conversation -
-
-
My dad still performs *shraddha* for his dad who passed 70 years ago...
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Great points. Indeed, investing in equities is all about belief (as historical results don’t predict future results) and mindfulness (don’t panic sell at lows)
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.