Was it only yesterday we were staying tuned to all the news surrounding Covid-19, which, so it seems, in a flash changed to the news surrounding the current war in Ukraine and its implications for globalization?
What is anything worth? Investing with new paradigms.
I just completed a real estate transaction and am now the proud owner of another piece of land. And you know what is so cool? It is adjacent to where Snoop Dogg, the famous American musician, and rapper, bought his mansion. I marvel at the chance to waft the smell of my famous slow-cooked BBQ ribs over to Snoop Dogg and entice him to come over and join my party. I have been eying this lot for more than two years, but I could never convince myself to put the monies down. My discontent grew as the asking price almost doubled in a few months, and I told myself how crazy this was to let it go. I convinced myself prices would fall again, a reverse to the mean sort of thing.
Full Year 2021 Update
First and foremost, our thoughts are going out to all of you affected by Covid-19. It has been a difficult second year with this virus around us and some of us are back into lockdown. We will only know the full psychological, biological, and economic effects of the virus years from now. Nonetheless, one thing is for sure in our minds: we will get past this epic period, adapt if necessary, and the sun will shine bright for many days to come. We wish you and your close ones a Happy New Year!
Alpha, the search for sustainable competitive advantage in a company
A daily glance or two in a mirror softens the transforming and deepening grooves of our life’s journey on our skin. The changes are subtle and hardly noticeable on a daily basis but there is no fooling ourselves in the long run. Change is inevitable and surely quite visible.
Change is a constant in all that exists: our universe, our planet, our nature, our families, our careers, our companies, our work, and ultimately our lives. Most of us prefer a status quo, the same, it is predictable, it is easy, and does not require a lot of mental energy – routines have become automatic and known. Staying in our comfort zone is so much easier, so why change?
Meme stocks, the long road home, compound interest and patience
Who would have thought we would be talking about meme stocks and who would have thought that the stock market could become an entertainment platform for not only the weekend warrior investor but for everybody who is not on Zoom doing something semi-serious, armed with a Robinhood API and fully loaded with Reddit and Twitter accounts ready to go to battle?
First Quarter 2021 performance update
“The truth is that life is by nature harsh and competitive. No matter how much money or resources you have accumulated, someone will try to take them from you, or unexpected changes in the world will push you backward. These are not adverse circumstances but merely life as it is. […] Those who are not afraid of change or chaos; they embrace it by being as fluid as possible. They move with the flow of events and then gently channel them in the direction of their choice, exploiting the moment. Through their mind-set, they convert a negative (unexpected events) into a positive (an opportunity).” The 50th Law, 50 Cent
Full year 2020 performance update
“If you realize that all things change, there is nothing you will try to hold on to”- Lao Tzu, Tao Te Ching ~600 BC.
“Change is the only constant” – Heraclitus of Ephesus ~500 BC.
“Everybody talks as if they know what is going to change, but they are all just guessing”- i-Cthru ~2021 AC
Wall street high – Main street low – The 4th Revolution – What is going on?
It is 2:00 AM in the Ariake district of Tokyo, Japan. Yet in the dark, sleepy hours of the night, there is a lot of activity. A warehouse and a huge logistics center are humming with activity; a delivery truck is being unloaded; bar codes are being scanned; and products are disappearing in a dimly lit warehouse, where they are stored and packed, made ready for distribution to Uniqlo’s 900 stores in Japan…