spotify, netflix, tiktok, and openai are four different products doing the same thing
undercut the market → accumulate attention → use that attention as data →
commoditize what creators were making
the music industry figured this out in 2015. hollywood is figuring it out now.
AI is just running the same play faster
i follow that pattern wherever it shows up
@CNBC ok so $nvda earnings are literally tomorrow after close and i'm only now learning that $amd and $smci move with it but like $tsmc apparently doesn't always?? i have so much homework to do before 4pm wednesday
bitcoin up 22% in a week and i'm still trying to figure out if i should have bought more when everyone was saying it was over. the timing thing is going to haunt me forever
my portfolio after one mildly scary headline
📉
my portfolio after one mildly positive headline
📈
my portfolio after I remember I'm supposed to be investing for years
please stop checking me every 11 minutes.
being cheap:
“i saved $3 by driving 25 minutes to a different grocery store”
being intentional with money:
“i spent $3 more because i value my sanity”
personal finance is getting complicated 😂
walmart down almost 10% on weakest sales growth in 6 years is actually kind of scary because walmart is supposed to be the recession-proof one. if walmart is struggling who isn't 😭
personal finance advice gets weird when everything becomes a spreadsheet
sometimes the most useful question isn't:
“is this the mathematically optimal choice?”
it's:
“will I actually stick with this?”
the best plan you don't follow is still a bad plan
@Hedgeye gold breaking another level while valuations are already getting stretched is an interesting combination
definitely feels like investors are paying attention to protection, not just growth
The “12 hours until season 5” countdown is doing its job 😂
there are some shows where you already know you're going to watch the whole thing in one sitting, like this one
One of the easiest ways to spend less isn't finding cheaper versions of everything
It's buying fewer things you don't actually care about
A $12 purchase you forget about feels cheap
Ten of them in a month doesn't
ok but $70 concert merch is basically the new impulse purchase
you don't even need to think about it anymore
show ends, adrenaline is high, everyone is buying something, and suddenly a hoodie costs the same as dinner 😭