Spending Fuels Inflation, Competition Drives Prices Down
The inflation story in one chart: Where government spending and subsidies are highest, prices rise the fastest. Where competition is highest, prices fall. https://t.co/zi3a45jUEi
Manufacturing Jobs Down, Output up Ninefold via Automation
Manufacturing jobs have fallen from 36% of all private jobs in 1946 to just 9% today. But that doesn’t mean we’re making less - real manufacturing output in the US has increased by over 9x in the last 80 years thanks...
Best Returns Follow Market Lows, Invest Through Fear
Every time the market feels the worst, it’s the beginning of something better. Since 1949, the S&P 500 has returned +38% on average in the year after bear market lows. The hardest time to invest is when the biggest opportunities appear. https://t.co/EQJa1ErbAB
Discipline, Consistency, Time Drive 6× Wealth Growth
US household net worth is up 6x in 30 years to a record $175 trillion. There's no secret formula. Just: -Discipline (spend less than you make) -Consistency (invest early and often) -Time (let compounding do the work) That’s how wealth is built. https://t.co/MKkzT9hT2a
A Few Stocks Drive All Market Wealth—Diversify
Absolutely insane stat: Just 3.7% of stocks created 100% of U.S. stock market wealth over the last century. Miss a handful of winners … and you miss the market. That’s why you need to diversify. https://t.co/33wit1ajzk
130 Years of Rising Wages, Shorter
The story of the last 130 years: -Higher real wages. -Fewer hours worked. -Transition from farms to services Progress happens incrementally, so we barely feel it. But the long-term trend is undeniably up. https://t.co/IHCs0Z7xXH
Buying a Home Pre‑Fed’s $8T Print Feels Genius
Me: buys a house in 2020 Fed: prints $8 trillion more dollars Also me: “I’m a real estate genius” https://t.co/m7fWDy2Usq
War Depreciates Money; Real Assets Outperform
"The one thing you can be quite sure of: if we went into some very major war, the value of money would go down. You’re going to be a lot better off owning productive assets over the next fifty years...
Best Investors See Corrections as Opportunity, Not Panic
Every correction is different, but investor behavior doesn’t change. Bad investors panic and sell. Good investors get nervous but hold. The Best investors get excited about potential opportunities. https://t.co/YtG3rq0fnN
Oil Ignites Inflation, Spreading Like an Uncontrollable Fire
Oil is the spark, but inflation is the fire. And once it spreads, it’s much harder to contain. https://t.co/U5hKXq9zFE
Purpose Lies in Others' Growth, Not Your Actions
I think about purpose all the time and this has completely reframed its meaning for me in the most positive way…. “Your purpose is not the thing you do. It is the thing that happens in others when you do what...
Annual Drawdowns Are Inevitable—Embrace Them for Stock Premium
A drawdown of some magnitude happens every year. Expect, prepare for it, and embrace it. This is the reason why you earn a premium for owning stocks. https://t.co/uLbuAmZ29E
Embrace Market Downturns: They Fuel Future Upside
The stock market goes down roughly once every four years, on average, and bear markets are a regular occurrence. Investors should embrace this risk because without the left side of this chart (downside) there would be no right side (upside)....
Market Dips Are Normal; Volatility Fuels Long-Term Gains
Over the last 75 years, the average intra-year market drop has been 14%. If you are overly stressed out about the current 9% drawdown, the stock market isn’t for you. Downside volatility is the price investors pay for long-term outperformance....
Most Magnificent Seven Stocks Enter Bear Markets, Signaling Leadership Shift
The S&P 500 is only down 9% from its January high. But 6 of the 7 members of the Magnificent Seven are already in bear markets. This is what a shift in leadership looks like. https://t.co/QcFh9RaBaK
