June 2019

These Are the Goods

Articles How much you make doesn’t determine how much you have. And how much you have doesn’t determine how much you need. By Morgan Housel The entire economy is so dynamically interrelated that tiny disturbances in one area can have an outsized impact somewhere else in a cascading economic butterfly effect By Fat Tailed and…

A Few Things

Sunglasses  I left my sunglasses in the hotel so I bought a pair on the boardwalk at Venice Beach. They were $12. They’re comfortable. They look okay. And they do the job. This got me thinking- is there a bigger racket than $200 sun glasses? How many products have a higher brand name mark up?…

Animal Spirits: The Influencer Bubble

Mention Animal Spirits to receive 20% off (*New YCharts users only) Stories Millennial net worth (survey) I cannot even Breaking. Tariffs might affect prices Shhh. The bond market is trying to tell us something There are a lot of cell phones Kids are expensive Is the influencer bubble bursting? Listen here Recommendations Range Loonshots Michael Lewis and…