A guy I know manages a family office and makes $1M+ a year - I asked him what they're invested in His response: "Index funds, Mag 7, Netflix, some real estate and we bought Robinhood recently which was our only new addition in the last yr" Imagine paying someone 7 figures to

We've been in one of the best investing environments of ALL TIME and you should be wealthier than ever - US equities posting monster gains every yr - Bitcoin >$100k - US home prices hitting new all time highs - 4-5% return on cash, risk free - Fed/govt stepping in any time

Warren Buffett provided his view on when the next crash will happen in the latest shareholder meeting Here's what he had to say: "The long-term trend is up. Nobody knows [exactly when it'll happen]. And I certainly don't know... Nobody knows what business is going to do

Prediction - Most family dining restaurant chains will go bankrupt in less than 10 yrs 95%+ of restaurant chains will have drive thru Your local Applebees, Denny's, iHOP, Outback, Golden Corral etc. will cease to exist No one wants to wait an hour for mediocre food/service

This is John Arnold, the best trader you've probably never heard of Starting w/ just $8M, he grew his fund to ~$5B before retiring at 38 From 2002 - 2012, his fund compounded 100%+ a year 🤯 In 06 alone, they famously made 300%+ In 07, he became the youngest billionaire at

I remember a guy buying a 'passive' biz for $1.5M 3 of their 4 employees left within a yr and were planning to do so anyway... sales plummeted They sold it back to the previous owner 3-4 yrs later for ~1/3 of the price they paid Buying a small business is rarely a good idea

What are telltale signs that someone is highly intelligent within 10 minutes of meeting them?

Prediction - Trade school will be hotter than ever in the year 2035 b/c that's where the high paying jobs will be Most white collar jobs as we know it will cease to exist within the next 10 yrs due to AI There'll be little need for most human attorneys, accountants, and ppl

Prediction - Branded apparel with huge logos is on its way out and will soon be obsolete People are waking up - paying 3–4x more for a logo, w/ no real quality difference is insane Why drop $80–$100 on Lululemon shorts when you can get the same thing (minus the logo) for $20?

Here's the future - Most human social media influencers will cease to exist in a few years Ai 'influencers' will write/post more accurate and thought provoking content The Kim Kardasians of the world will be replaced by Ai 'models' which will become the norm Ai will create

Unpopular opinion - Buying a huge house is one of the dumbest flexes out there Half the space goes unused Taxes and maintenance/upkeep are brutal Unless you're hosting Gatsby sized parties every weekend, most families only need 600 - 800 sq ft per person That’s ~2,400 -

A former boss has made close to $100M on Wall Street over the last several yrs Reading about him made me want to share a story about him and what it means to absolutely dedicated to your work/craft When I was an banker yrs ago, jet-lagged at 4:30am, I wandered into the gym w

What is one stock or asset that will outperform the S&P 500 over the next 5 years?