@MikeFritzell I'm finding I'm actually spending more time on my analysis these days, but I'm processing/synthesizing much more information.
Whether or not that's of advantage depends on whether it's levelling the playing field or polarising it.
I'm guessing the latter. Time will tell.
@MattPolProf@Kristof_Poland Orwell's experience in Spain forced a profound revision of his priors. I suspect a full-scale implementation of his own socialist programme would have prompted another.
How is it progressive to resurrect a tired policy that has failed wherever it’s been tried? When rents are frozen but landlords’ property taxes, insurance, and repair costs keep rising, buildings fall into disrepair and investors flee to other markets. Anyone with an ounce of common sense knows that price controls don’t work. Mr. Mamdani is an economic illiterate trapped in the past — a reactionary posing as a progressive.
Learn from the greats. But if moats are fashionable, underweight them. If the crowd chases growth, embrace income. If everyone wants franked dividends, look elsewhere. Flexibility matters in markets, but never lose sight of how the business generates your return.
In investing, it's not being lazy about doing, that's the problem. In fact, it may even be beneficial. It's being lazy about thinking that'll do you in.
Be careful, most people are not out to inform you, they are out to get you on side, and the most passionate are almost always trying to indoctrinate you.
@BCValueInvestor@KennethLFisher Yes, and yet you can get assistance from the world's greatest, essentially for nothing. When I read my first "Buffett book" (Hagstrom's) 26 years ago, it was a lightbulb moment. And here we are getting wisdom from a great in real time.
There's little Y in DIY!
@KennethLFisher No doubt Ken. What I'm trying to tease out is a rarely discussed perspective on patience that goes beyond temperament & emotion. It's that where there's a lack of understanding and thus an absence of framework, even the most virtuous of us would have an incapacity for patience.
You live in France, one of the most electrified and low-carbon countries on Earth.
The technology exists.
The comfort exists.
The power exists.
And yet people are told to sit in overheated apartments and “adapt.”
Not because we can’t solve the problem.
But because some decided discomfort is morally superior to abundance.
A strange ideology has emerged:
suffering as climate policy.
It’s almost like people think that sweating in the dark makes the planet cooler.
@apbiogenesis@simonmaechling Genetic engineering in agriculture, pets and livestock. Do you like cuddly, cute dogs or cats? Genetic engineering. Nature wouldn't have produced them.
Selective breeding = genetic engineering.