🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

"If you only wished to be happy, this could be easily accomplished; but we wish to be happier than other people, and this is always difficult, for we believe others to be happier than they are.” -Montesquieu

“ a bet is a tax on bull shit” 🙌🏻 Every time you hear a forecast or analysis - always ask your self “how much does the person have riding on this being right ?” If it’s very little (also in relative terms) it’s best to ignore. Don’t let it clutter your brain.

Schools: “We need to future proof kids” Also schools:

My favourite equity strategist quote in this category is "Since ZYX stock has gone up 9 of the last 10 months of December, there is a 90% chance you will make money this December"

Such a great paragraph Ben Hunt

Doctor lies next to forms that must be filled in for one admission. Think this explains quite a lot. Doc says nurses spend 70% of time on paperwork. So what do all the hundreds of thousand of admin staff do? #NHS

Peter Drucker: “ you know why people use the term ‘guru’ ?because they can’t spell ‘charlatan’ “

begging people to stop romanticizing the pre-industrial era

“Active managers invest their own capital passively.”

For 99% of human history, over 99.9% of people lived in extreme poverty. That only changed over the last 200 years because of the very system Turner decries. Even now, the relatively poor in America are better off than overwhelming majority elsewhere.

🌉 SF bay area: area: 18,040 km2 population: 7.8M density: 425.7/km2 1BR rent: $3.3k 🗼 Tokyo bay area: area: 14,034 km2 (22% less) population: 37.8M (385% more (4.85x)) density: 2,631/km2 1BR rent: $1k (70% less) I wonder how they do it. Ah, I guess we'll never know🤔