Sublime
An inspiration engine for ideas
It’s been almost five years to the day since the idea first hit me.
I was working at Goldman Sachs, watching wealthy clients grow their fortunes. There was nothing magical about it — they just had the one thing that mattered most: capital to compound. https://t.co/265uCx1GJW
Abdul Al-Asaadx.com3/ This is more complicated now as investments are increasingly expensed on the income statement vs capitalized on the balance sheet. Separating operating costs from investment expense is tricky but more relevant than ever. Then work to grasp the basic unit of economic analysis.
Michael Mauboussinx.com"I think stocks are going to beat their historical average. Their historical average returns are between 6% and 7% per year after inflation. I think we are looking actually at probably 8% to 9% per year after inflation over the next five to 10 years," he said. Asked why, his data-driven mind sprung open. "Well, I look at price/earnin
... See moreMorgan Housel • 50 Years in the Making: The Great Recession and Its Aftermath
Leopold Aschenbrenner's fund has outperformed basically every mainstream hedge fund YTD and he's running 1bn+ of capital btw
the gulf billionaires & pension funds are watching this
capital management will soon become an activity exclusively done by chronically online zoomers https://t.co/WtknaI7oK8
Mitch Anthony
@mitchanthony
Where do Healthcare Budgets Match AI Hype? A 10-Year Lookback of Funding Data
Parth Desaiflarecapitalpartners.medium.com
Consider that 85% of active mutual funds underperformed their benchmark over the 10 years ending 2018.65 That figure has been fairly stable for generations. You would think an industry with such poor performance would be a niche service and have a hard time staying in business. But there’s almost five trillion dollars invested in these funds.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
