Memorial Day isn't just a long weekend, but a moment to remember those who gave everything for the freedoms we enjoy - including the freedom to call a place home.
It's his way of honoring the brave men and women who gave their lives in service to our country - a small, powerful act of remembrance that keeps their legacy alive.
I'm 43 yrs old
Assuming I retire at 65, in the next 20+ yrs I will likely experience:
2-3 recessions
3-4 bear markets
a market crash
a financial crisis or two
...and I'm still optimistic about the future.
Some thoughts on being called a permabull:
https://t.co/sg9DvZghKW
The US economy is the envy of the world
We're growing faster
We have bigger financial markets
We're richer
We've had one of the strongest economic environments of the past ~50 years
And so many ppl hate it
Welcome to the new normal of negativity
https://t.co/AeYCzyFyPB
Guy on my flight just announced to everyone sitting near him the Fed cut 50 bps
No one cared or even knew what he was talking about
Had to give him a head nod in solidarity
"Having loads of liquidity lets us sleep well. Moreover, during the episodes of financial chaos that occasionally erupt in our economy, we will be equipped both financially and emotionally to play offense while others scramble for survival.” - Warren Buffett
@WinesHamptons is proud to announce that 54 Henry Street is officially sold & closed. It was so fun to see our vision come to life and we’re thrilled to know that this home will now be cherished for years to come. Bye, Henry, we're off to a new project! #LaborOfLove
The US stock market bottomed in Oct 2022 when inflation was still ~8% and ppl were screaming about the 1970s and stagflation
Buying stocks when ppl are losing their minds is still an undefeated strategy
Headline PCE inflation comes in at 0% MM in May (actually ever so slightly declined at the second decimal). Core PCE comes in at 0.08% MM, a soft version of meeting 0.1% expectations. YY core PCE inflation is now 2.6%.
"There has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic progress has been breathtaking. Our unwavering conclusion: Never bet against America.” - Warren Buffett
Video: https://t.co/0ZbPSh11Va
The @WinesHamptons Team of @SaundersRE is very happy to announce that this special, newly built home has found its future owner! 54 Henry Street is officially in contract and will soon be occupied for the Hamptons summer season of 2024! 💫
There is no such thing as an “average” year in the stock market
There can’t be
You wouldn’t earn a risk premium if stock market returns were predictable
The volatility is a necessary evil
https://t.co/37PYEvtrsi