In the end, every single person like Nick who votes to deploy their capital into something which doesn’t produce anything beyond capital, is a vote to sit on the sidelines while every single other person works to keep the lights on, or ideally reverse the cycle.
Today all the gold in the world is worth $12 trillion, while global equities are worth $115 trillion. In 1980, the ratio was one-to-one, with all the gold in the world and global equities having the same value of $2.5 trillion.
The number of them that actually learn all the important stuff in under a month is zero. The number of them that have a self-guided strategy to learn what is relevant is almost zero.
I should be able to scroll through the history of my browsing as an enormous branching graph that I can annotate, travel around, share with others, and version.