A tactical model based on supply and demand called the DotCom Bubble and the GFC.
Then in 2018 it signaled to sell everything. Stocks are up 196% since.
My latest on why the relentless bid for stocks changed everything:
https://t.co/xovAMICILZ
"AI is the sterile amalgamation of all humans rather than the beautiful imperfections of one."
My latest on the one edge you will always have over AI: https://t.co/MJ0WOFNxlo
Most people believe having more wealth means you can take more risk. But the opposite is true.
The more you have, the more it hurts to lose.
My latest on the Risk-Wealth Paradox: https://t.co/C0PA5iPzwq
As of today I've published 500 blog posts online, one per week since January 2017.
Here are the 4 biggest lessons I've learned along the way: https://t.co/sKkXPVVlsh
Greed has the worst risk/reward payoff you can imagine. Your upside is capped, but your downside is unlimited. Yet people keep making this trade every day.
My latest on why survival is the only success: https://t.co/o1pCkZIajN
The upper middle class is caught in a trap, and many of them don’t realize it.
The houses are getting smaller, the lounges more crowded, and the schools pricier.
My latest on how the upper middle class is paying more and getting less: https://t.co/biMiQDMFb0
There will be no permanent underclass because there is no permanent elite.
"When 120 of Cornelius Vanderbilt's descendants gathered at Vanderbilt University in 1973 for the first family reunion, there was not a millionaire among them."
My latest:
https://t.co/SmJcaRclYR
"Our largest financial cost isn’t our housing, food, or healthcare, but our ignorance on how to make more money."
My latest on whether your financial beliefs are assets or liabilities:
https://t.co/I3NcKaSQGV
This shouldn’t be shocking.
As computers/machines do more of our work, we should expect labor share to keep dropping.
Serious question though: Under what scenario would this reverse?
I can’t see one outside of some kind of new Dark Age
America has more housing per person than ever before, yet the market still feels broken. Why?
Because we're building homes in the wrong places and making starter homes too difficult to construct.
My latest on why the U.S. has plenty of housing, but not enough supply:
https://t.co/BEAvVhi58O
I will be taking an extended break from Twitter.
This isn't a political thing (i.e. you won't find me on Bluesky). This is a preserving my humanity thing.
I appreciate everyone who has followed along over the years.
My latest:
https://t.co/58AiQVB4mP
Great book! One of my favorite writers and delivers as always. Actionable, thought-provoking, accessible and enjoyable read.
Data on different levels of wealth, how you get there and how you stay/move up. But also an examination of your relationship with money and what’s important to you.
Great job as always @dollarsanddata
The most life-changing amount of money isn't hitting $1M or even $100,000.
It's the first $10,000.
My latest on the importance of escaping Level 1 (<$10k)
https://t.co/UD7eab453I