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 you do.” Caroline Leaf
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
Major Tech Giants Lose Over
Big Tech continuing its decline... Amazon -21% Tesla -26% Meta - 23% Palantir -31% Netflix -30% Microsoft -34% Oracle -57% Bitcoin -47%
Top Americans Share Five Common Success Traits
I work with some of the most successful people in America. The very best share these 5 key traits: https://t.co/L7bJgtJTNv
Stay Calm During 50% Market Drops or Underperform
"If you're not willing to react with equanimity to a market price decline of 50% two or three times a century, you're not fit to be a common shareholder - and you deserve the mediocre result you are going to...
Investors Prioritize Earnings, Not Short‑Term Market Noise
What matters in the short run: -Wars -Oil prices -Tariffs -Interest rates -Sentiment -A million other things What matters in the long run: -Earnings Speculators focus on the short run. Investors play the long game. https://t.co/u1oZkcMGCY
Focus Forward, Embrace Unexpected Twists on the Journey
Stay focused and you’ll get where you want to go, but expect twists and turns along the way. https://t.co/o6M4EZcECv
Predicting Corrections Costs More Than Corrections
Including dividends, the S&P 500 has gained over 1,200% since the March 2009 low, despite 32 corrections >5%. “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”...
U.S. Migration Shifts: Where Americans Are Leaving and Arriving
Americans are on the move. Where they are leaving and where they are going… https://t.co/Luy4qotAqp
Expect Market Drops; Be Ready Before Buying Stocks
“About once every two years the market falls 10%. Every six years the market’s going to have a 25% decline. That’s all you need to know. You need to know that the market’s going to go down sometimes. If you’re...
Data Centers' Power Surge Outpaces AI Chip Hype
Everyone talks about AI chips. But the real bottleneck may be electricity. Data centers now consume ~7% of US power demand - up more than 10x in two decades. https://t.co/wQARGxiefq
War’s Short‑term Impact, yet Markets Thrive Long‑term
Wars can move markets in the short run, as they are today. But over the long run, stock returns are driven by economic growth and corporate earnings. Since 1941 the world has seen almost constant conflict. And yet, $1 in the S&P 500...
Expect Regular Double‑digit Drops; only True Investors Persist
The market has had a negative return about 1 in every 4 years. You can expect a drop of over 10% every other year. You can expect a drop of over 20% about every four years. Successful investors know this. If you can’t...
5% Dip Is Normal; Expect 14% Average Drops
Over the last 75 years, the average intra-year market drop has been 14%. If you are overly stressed out about the current 5% drawdown, the stock market isn’t for you. Downside volatility is the price investors pay for long-term outperformance....
Consumer Spending Now Driven by Top 10% Earners
This is 100% completely unsustainable as a society. Nearly 50% of all consumer spending now comes from the top 10% of earners. The bottom 80%? Their share keeps falling. This is why the economy can look strong in the data while millions of people...
Big Tech Slumps Over 20% Amid Bear Market
Big Tech in bear market territory... Amazon -20% Tesla -22% Meta - 23% Palantir -28% Netflix -29% Microsoft -29% Oracle -55%
Everyone's Busy with Themselves; Focus on Your Goals
The truth: No one is thinking about you nearly as much as you think. They’re busy thinking about themselves. So stop comparing, stop worrying about their opinions, and focus on your goals. https://t.co/zANCRSir4l
Unlearned Lessons Repeat Until You Learn Them
One thing I’ve learned is any lesson you refuse to learn will repeat itself until you do.
Own the Business: Report Bad News Immediately
“We only give a couple of instructions to people when they go to work for us. One of them is to think like an owner. And the second one is to just tell us the bad news immediately.” – Warren...
Time Horizon, Not Volatility, Determines Investment Risk
The biggest risk in investing isn’t volatility. It’s a short time horizon. Worst S&P 500 annualized returns since 1928: 1 year: -44% 5 years: -13% 10 years: -2% 20 years: +2% 30 years: +8% The longer you stay invested, the smaller the risk of a bad outcome. https://t.co/E6zeCB4Ir8
Avoid These Pitfalls to Protect Your Wealth
5 ways to lose everything quickly: 1. Choose the wrong spouse. 2. Finance your lifestyle with credit card debt. 3. Put all your money in one investment. 4. Trust the wrong person. 5. Addiction (drugs, gambling...). What else?
Today's Yield Predicts Bond Returns with 97% Accuracy
Want to know where bond returns are headed? Just look at today’s yield. Over the last 50 years, the correlation between starting yields and forward 7-year returns is 97%. Higher yields = higher future returns. Lower yields = lower future returns. Bond investing is just...
US Stocks Maintain Record 15-Year Outperformance Stretch
Over the past 14 months, International stocks have outperformed US stocks by 27%, the widest margin since 1993-94. But zoom out. On a rolling 5-year basis, US stocks have outperformed for 15 years running. This is by far the longest stretch of US...
Stocks Outpace Inflation, Preserve Purchasing Power
In my opinion, this is the most compelling chart for being a stock market investor. Over the last 50 years: -US Inflation: up 6x -S&P 500 dividends: up 21x -S&P 500 total return: up 265x Over the long run, stocks trounce inflation and protect your...
Diversify Globally for Outsized Returns Beyond the S&P
Start of 2025: ‘Why should I own anything outside of the US?’ 14 months later: South Korea +204%, Peru +143%, South Africa +108% … S&P 500 +18%. The future is unknown. That’s why you diversify. https://t.co/2Lpruh2h0i
Holding Cash Guarantees Inflation‑Driven Underperformance
Sitting in cash is the opposite of investing, and invites long-term, dramatic underperformance. Holding cash is basically begging the Fed and Congress to light your money on fire via inflation. https://t.co/QMd0bkOkkZ
Expect Multiple Severe Bear Markets in Your Investing Career
Bear markets happen more often than many realize, and most people will have to navigate multiple severe downturns during their investing years. https://t.co/3M4SDMlWOY
Inflation Halved Dollar Value—Invest in Real Assets
Your dollar lost 53% of its purchasing power over the past 30 years. That’s not an anomaly. That’s the system. Inflation isn’t just a number - it’s a silent thief. Invest in real assets, or watch your money evaporate. https://t.co/vTylWHpPhj