We need to get people to care about the country, beyond what policy personally benefits them.
When someone starts building a large stock portfolio of US equities they actually have a vested interest in the long term success of the country. It’s good for the individuals and it’s good for the country.
What we don’t need is a new generation of people addicted to online gambling. It’s very clear to me now that the rapid growth of prediction markets is terrible for us. I won’t be shocked at all years down the road when the data further proves this, it’s inevitable.
I’m going to continue doing my part in getting people interested in investing in high quality cash producing businesses, and discouraging people from gambling in the online casino of prediction markets.
I held Netflix when they literally lost over a million subscribers and people are asking me if I’m going to sell DUOL when they just added on 4 million user last quarter.
Ignore the macro noise.
Focus on company fundamentals.
Do not try to time market-crisis.
Don’t make decisions based on fear.
Use the panic and fear of others as a buying opportunity.