There’s much less of a chance that this housing downturn morphs into a global banking crisis.
But I'm still highly concerned about recession risk given the magnitude of this housing slowdown.
I'm not sure it can be avoided at this point.
24/
Capitalism is brutal
If you invest, you MUST know how to identify a moat
Here are 9 financial “rules of thumb” that Warren Buffett uses to tell if a company has one:
3. Untools
Benefit from a collection of thinking tools and frameworks.
Categories include:
• Systems thinking
• Decision making
• Problem solving
• Communication
https://t.co/vMgngVKMow
• Read everyday.
• Spend time with nature.
• Ask questions.
• Never stop learning.
• Don't pay attention to what others think of you.
• Do what interests you the most.
• Study hard.
• Teach others what you know.
• Make mistakes and learn.
• It's Okay to not know things!
• Study hard.
• What others think of you is none of your business.
• It's OK not to have all the answers.
• Experiment, Fail, Learn and Repeat.
• Knowledge comes from experience.
• Imagination is important.
• Do what interests you the most.
• Stay curious
@BromjSD619 @saylor though you can't satisfy every need you have using BTC. That will happen when anything will be transacted in BTC - house, taxes, wages to name a few - would that be ever possible?
If you have spare time this weekend, please watch my documentary covering #bitcoin in El Salvador.
Please let me know what you think, good and bad. I intend to continue making films, so feedback is useful.
https://t.co/qNKbEVyx5O