It’s very simple folks: nobody with real edge chooses a subscription business model over managing capital unless the newsletter is the business.
Then there are only two possibilities:
1. They voluntarily choose to make less money because they enjoy writing and prefer the lifestyle.
2. They make way way more money from you suckers than they ever could getting involved in markets.
It’s mostly 2.
To be liberated is to be able to see human life in the same way as you see all other life. And to do that you have to be able to live, as it were, on two levels: the level of involvement and the level of detachment.
Whenever I get to know someone who seems perfect, I end up disappointed. Whenever I get to know someone who I think is the worst of the worst, I'm pleasantly surprised. Angels and demons aren't real.