Q&A is closed, we will come up with a new format for the next one to avoid low quality questions going forward.
We try to do these once or twice a year and its a good time for an update. Noticing these types of things can help you save time, meet the right people and avoid arguments. During the pandemic, people are forced to communicate remotely and the word choices that people make will highlight how they […]
Feel free to ignore this post at your own risk. We won’t argue with you. You’ll see why in the post. If you’ve lived long enough to see hundreds of irrational and illogical decisions made by people, you’ll build a new framework for how they tick. If you want the summary, everything you learned about […]
For one reason or another, we’re getting a lot of questions about decentralized finance. Typically when a new industry is created, it is quite difficult to explain as most people are not involved. For example, the number of people who know the difference between bitcoin and ethereum is likely small. For fun we’ll go ahead […]
For our astute readers, we’ve been missing in action for a couple of weeks as we were finalizing research into the great depression of the 1930s along with the impact of money printing. Some of the things we’re seeing today are eerily similar. In addition to that, a strange dynamic has occurred where parts of […]
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 […]