Currently around 15-20% of sales are done online (this is a rough metric for retail brick and mortar vs. e-tail). Instead of bothering with the exact metrics the interesting thing isn’t the future (likely grows to 25% to 30% etc.). The more important item here is that it used to be 0%. So if you […]
For fun we decided this is a good time to explain the function of money. We use it every day. It will also explain why we’re always going to hold some gold/crypto even if both assets went to zero (extremely unlikely in our opinion). “Money” is essentially a solution to the coincidence of wants. In […]
The divide is here. There is no real solution from a macro perspective since we’re not politicians and we don’t have much of a say on anything. One of the themes here is that you should focus on the “microeconomics” since big changes are unlikely to happen (waiting and hoping is not a sound strategy). […]
Q&A is Closed.
For the next 18 months we’d strongly recommend that you begin mastering the art of “smiling, nodding and agreeing”. At this point, many people have seen their net worth drop by 10-30%. While most just focus on the stock market, the cash flows for a lot of individuals went negative or to zero. Imagine paying […]
How many airline CEOs thought they would generate practically zero dollars in revenue and lose billions of dollars in 2020? How many stock market experts could have predicted a massive decline in profits for practically every sector outside of technology, medical/bio-tech and grocery stores? Absolutely zero is the answer if we polled the United States […]
It’s getting crazy out there. After a couple of months of quarantine we’re now seeing riots break out across the United States. The protests seem to be a mix of both the Floyd incident and upheaval around economic inequality highlighted by chants of “Eat the Rich”. As the economy opens back up we’ll see what […]