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Therefore, as I wrote in my Little Book of Common Sense Investing, “the stock market is a giant distraction from the business of investing.”

The answer is this: they get the best manufacturers in the world — who already have products on Costco shelves — to make Kirkland products. Yeah, you read that right. While customers might not know it, Kirkland products are often made by the same manufacturers who make the branded products that sit next to them on the shelves.

The future will never provide the reassurance you seek from it. As the ancient Greek and Roman Stoics understood, much of our suffering arises from attempting to control what is not in our control. And the main thing we try but fail to control – the seasoned worriers among us, anyway – is the future.

Centralized structures can have virtues, such as enabling publics to focus their limited attention for oversight, or forming a power bloc capable of challenging less-accountable blocs that might emerge. Centralized structures that have earned widespread respect in recent centuries—including governments, corporations, and nonprofit organizations—hav... See more

This matters, it affects what audiences get served and which creators can make a living. And, honestly, I haven’t even considered that there might be a different way.

New funding models and opportunities will help these creators in their early days. From Substack to Gumroad, several companies have announced the establishment of dedicated funds with grants and stipends. Cash advances could be democratized, like in the music and publishing industry. As investors express their interest in the development of these o... See more

One of the possiblities that arise from a user’s Wallet ID being persistently connected to anything else on the same blockchain is that opt-in relationships between IDs (eg. followers, customers, subscribers) can similarly be ported, instantly & seamlessly, from one app / service / experience to any other... In plain English, if you follow someone ... See more