My wife sat me down last month.
I had just closed my best trading week of the year.
$18,000 in 3 sessions.
She said
“I need you to get a job.”“A real one.”“Something with a title and a schedule and somewhere to be.”
I showed her the trading account.
She looked at it for 4 seconds.
Then said:
“I do not care about the money.”“You play PlayStation until 4pm.”“My friends ask what you do and I do not know what to say.”“You have no structure. No colleagues. No office. Nothing.”“It feels like living with someone who gave up.”
$300,000 to $500,000 a year.
2 to 3 hours of actual work.
And the woman who knows me best looks at me like I am her unemployed husband who refuses to get a job.
The market rewards results.
The people around you reward the appearance of effort.
Those two things are not always compatible.
@Acyn Nixon resigned in disgrace, Reagan gutted the middle class and destroyed Unions.
If these are your examples of greatness, you are just pushing a narrative based on lies and deception, possibly even racism
96 out of every 100 US companies never made their investors any money.
A new study from Arizona State tracked every stock listed on US markets from 1926 to 2025. That is 29,754 stocks over 100 years.
The market created $90.96 trillion in that time. All of it came from just 1,082 companies. The other 27,999 gave investors nothing. Most stocks lose money. Only 48% of stocks made any money at all. Only 41% beat a savings account. 59% of companies lost money for shareholders.
The median stock lost 6.87%.
But the average stock returned 30,621%. That gap is the whole story. A few enormous winners pull the average up while most stocks bleed.
So who were the winners?
• Apple: $5.02 trillion
• Nvidia: $4.58 trillion
• Microsoft: $4.03 trillion
• Alphabet: $3.57 trillion
• Amazon: $2.27 trillion
These are not market caps. This is total wealth created for shareholders since the company listed, measured against what that money would have earned sitting in Treasury bills.
Apple and Nvidia alone made 10.6% of all the wealth the US market has created since 1926.
The same researcher ran this study in 2018 with data through 2016. Back then it took 89 companies to make up half of all the wealth ever created. Nine years later, it takes only 46.
In the 90 years up to 2016, the top 30 companies made 31% of all the wealth. In the nine years since, the top 30 made 61%. Nvidia by itself made 9.32% of everything created since 2017.
Concentration doubled in nine years. And those nine years are exactly the years the AI trade took over the market.
The typical company got worse at the same time. In the first six decades of the study, the median stock returned 63.6% per decade. In the last four decades, it dropped to 5.8%. The market kept going up. Most companies stopped going up with it.
People keep saying the S&P is being carried by a handful of AI stocks, as if this is something new. It is not. The market has always run on a tiny number of winners. What changed is how few of them there are now.
@EricTrump Eric how many millions have you made since daddy started his second term? Inside trading, government contracts, and on and on…
That airport will be renamed once daddy is gone
110 years, two lines, one pattern almost nobody trades on.
The S&P 500 and commodities take turns. When one is in a bull market, the other stagnates. Look at the alternation:
– 1929-1949: stocks dead. Commodities bull.
– 1949-1966: stocks bull. Commodities asleep.
– 1966-1982: stocks go nowhere. Commodities triple.
– 1982-2000: the great equity bull. Commodities in a 20-year bear.
– 2000-2008: stocks flat. Commodities double.
– 2009-today: the everything equity rally. Commodities in a bear until 2020.
There is always a bull market: either for the commodity consumer or the commodity producer. Never both at once.
The logic is simple. Cheap raw materials are a subsidy for corporate margins; expensive ones are a tax. Twenty years of underinvestment in supply builds the next commodity bull, and the equity boom itself creates the demand that ignites it.
Commodities bottomed in 2020 and the trend is pointing up. Equities are in year 17 of their run, at record valuations.
If a century of taking turns still holds, you know whose turn is next.
The last three times this handoff happened, the index went sideways for a decade while the "boring" producers tripled. Almost nobody positioned for it, because the previous regime had lasted long enough to feel permanent.
It always does.
#DemsUnited
Not only does Costco pay their employees well, they are eligible for full healthcare after 90 days. And while other companies caved to Trump's demand to get rid of DEI, Costco's entire board voted no and refused.
In a world of Walmarts and Targets, be a Costco.
This woman is reciting Trump’s words exactly as he said them during the NATO summit.
We have become so inured to Trump’s incoherence that is sanewashed by the media 24/7 that we fail to recognize just how much he’s declined.
Reading a transcript of his words makes it SO CLEAR.
There is so much diversity in the new recruits sworn in to the DOJ’s Civil Rights Division. There are white men, white women, tall white people, short white people, white people with glasses, white people without glasses, white people with blonde hair and white brunettes!.
BREAKING: French Senator Claude Malhuret TORCHES Trump and his alcoholic, drug-addicted administration on the floor of the Luxembourg Palace: "Every time the Epstein affair resurfaces, bombs explode somewhere in the world and cause a distraction!"
This might be the greatest MAGA takedown of all time. Nobody was spared...
"A year ago, here in France, I compared Trump's presidency to Nero's Court. I was wrong. It's the miracle court. An anti-vaxxer, former heroin addict as Minister of Health," he said, referring to RFK Jr.
Malhuret's comparison to the mad Emperor Nero is fitting. It's said that he fiddled while Rome burned. In Trump's case, he's building a ballroom while the entire world goes up in flames.
"A climate-skeptic Minister of Economy. An alcoholic TV host, Minister of the Armed Forces," Malhuret continued, referring to Treasury Secretary Scott Bessent and Defense Secretary Pete Hegseth.
"An old Qatar agent, Minister of Justice. A groupie of Putin, Minister of National Security," Malhuret went on, referring to Attorney General Pam Bondi and Director of National Intelligence Tulsi Gabbard. Bondi previously worked for the Ballard Partners firm which raked in $115,000 a month by lobbying on behalf of Qatar.
"A Turkish proverb says 'When a clown settles in a palace, he does not become king, it is the palace that becomes a circus," said Malhuret. "His fine team has decided to create a competitor to the UN. Since the creation of the Board of Peace, Trump has triggered more military strikes than Biden during his entire term."
"Every time the Epstein affair resurfaces, bombs explode somewhere in the world and cause a distraction," he continued. "Bomb more to win more."
This is how the world now sees the American president: as a pedophile desperately exploiting his role as commander-in-chief to obscure the fact that he preyed on children with his long-time pal Jeffrey Epstein.
"There isn't a single country where Trump did not take advantage of the situation to enrich himself without ever forgetting his family. A Boeing plane offered by Qatar," he said, referring to the $400 million jet that Qatar "gifted" to Trump. "Investment in all Gulf projects or elsewhere. Stock market manipulation that only a few insiders benefit from."
"Any one of these conflicts of interest would have caused an immediate procedure of impeachment here," Malhuret. "But we are not here. We are in MAGA's America where public business is conducted in favor of private interests."
Rarely have we heard such an exhaustive yet succinct distillation of the Trump administration's rampant criminality and incompetence. By focusing on individual Cabinet members and what makes them uniquely unfit for office and then expanding the aperture to the broader patterns of corruption and malignancy, Malhuret delivered a master class in political messaging.
Every mainstream outlet in the U.S. should be running this speech to show Americans what the world thinks of our leaders.
Since they won't, please make sure to like and share to spread this far and wide!
@Mrgunsngear@krassenstein neither....and why are they all masked up, wearing hats, sunglasses in the dark subway tunnels, etc... If you aren't doing or portraying anything wrong, show ur faces.👨🦱 the only flag that matters: 🇺🇸