The older I get, the more I notice this, with attention and a lot of fear, actually
It's strange to think that my generation is passing and maybe we won't be the future anymore, and that everything will remain the same
And that I only stand out because I have money saved/invested, the rest of the people are living exactly the same, except for my friends whose families have some kind of access and privileges
In 20 years, Brazil went from a country of the future to an extremely expensive and outdated bathtub
i go back to the states once per year and every time i head back is like a culture shock after living in brazil for almost a decade now.
everything is different every time i head back. self driving cars are everywhere. same day delivery is normal. new buildings everywhere. everyone has the newest everything. and as much as americans want to cry online, there really is no issue walking around outside pretty much anywhere. there is no crime.
then i fly back to brazil and its the exact same thing it was a decade ago. people are happy to buy their first 5 year old 1.0 liter volkwagen that they probably share with another family member. they save up for 3 months to buy their first iphone.. which is a used 16 pro for $1,500. zero new construction anywhere outside of rich residential areas. that incredible restaurant that opened up? probably gone within 12 months. i'm reminded that i have to take off my apple watch when i head out beyond my neighborhood because someone on a 250cc yamaha might blow my head off to take it.
feels like im stuck in time.
the passport bros have an entire generation of people bamboozled about life outside of the usa/canada/western europe lol.
What I've learned in the last few months about investing and how to invest is incredible.
I'm probably in one of the most difficult years to observe: the American market, the crypto market is down with liquidity rushing to AI, and the Brazilian market is even more turbulent due to political issues.
Only the strong survived
US spending on information processing equipment and software reached only 5.35% of GDP, a record.
At the peak of the dot-com boom, the same measure was 4.46%.
Since then, we've never stopped using the internet.
One of the largest AI infrastructure companies is currently running a promotion outside of the wonderful memes.
Have fun, but be strategic with your money.