Without a doubt, Tesla is the cult stock of the Millennial and Gen Z generations. The young adults view Elon as a god—the Nikola Tesla of our time. Meanwhile, the Gen X and Boomer generations don’t appear to have the same fervor as their children do. I’d speculate that the majority of them don’t know how to accurately value Tesla with traditional financial metrics. Reading through various analyst reports you could come to the conclusion that analysts are in the same boat.
I’d rather be a tourist in a big city than a permanent resident.
They’re expensive, crowded, have higher crime rates, more pollution, traffic, and typically smell like shit. Sounds enticing.
Today, about half of the world’s population lives in urban areas. There are 400 cities with more than a million people. Roughly 80 percent of Americans live in urban areas, according to the U.S. Census Bureau. What’s strange though, according to Gallup, is Americans don’t want to live in big cities. They want to live in rural areas.
As Bob was painting one of the happy little trees, he mentioned one of his famous mantras “We don’t make mistakes, just happy little accidents”. I couldn’t help but laugh at how simple his idea was. If only I could repeat that mantra every time I made an investing mistake, life would be much better.
The market has turned south so fast and so hard that it’s almost impossible to comprehend. On Thursday, we saw the worst single-day decline since the crash of 1987. Michael Batnick published a post that showed this is the fastest bear market in history. It took 19 days for the Dow Jones Industrial Average to drop 20%. I can’t even read a 300-page book in 19 days.
It’s been more than four months since we’ve had a stock hanging out in the four comma club, buying drinks for everyone.
Apple’s (AAPL) market cap crossed above $1T on August 2, 2018 and stayed above that level for three straight months before it went straight to the dumpster. Did you buy the dip? Or did you panic sell and think the world was going to end? December feels like such a long time ago.
Ghosted [‘gōst-təd] v. : When a person expresses love, interest, or affection for someone or something and the person they are speaking to only says “Ditto”, like Patrick Swayze in the movie Ghost.
Example: Ron told his girlfriend he loved her, only to be ghosted by her response of “Ditto”.
A couple of months ago, I decided to reach out to Chipotle to see if I could get one of the famed Black Cards.
Rocket Men: The Daring Odyssey Of Apollo 8 And The Astronauts Who Made Man’s First Journey To The Moon is a New York Times bestselling novel released last year by Robert Kurson.
It tells the story of the three astronauts (Jim Lovell, Frank Borman, Bill Anders) who made the first daring and courageous journey to the Moon and the challenges they faced along the way. It reads like a thriller.
As if you actually wanted to read about another celebrity’s routine.
I present mine:
Wake up (usually from baby crying in the adjacent room or from dog licking my face)
Check futures (I have no idea why I do this)
Take a shower if I didn’t take one before bed
Put on clothes, brush teeth, make hair look beautiful, believe me
Feed the dog and let him outside
Make a quick cup of coffee and grab a Larabar or RxBar to go
Drop the kid off at daycare
Arrive at work 30-45 minutes late
“Put down your fucking phone! “ -Mrs. Ramp to Mr. Ramp pretty much every night
This is a real issue for nearly all of us. You’re standing in line at Chipotle. You’re waiting at a stoplight. You’re walking down the street. You’re playing with your kids. You’re always looking at your phone.
Approximately 75% of you are currently reading this on your phone. I know this because my site analytic data tells me so. Thanks for playing.
We’re all addicted to something.
Maybe it’s alcohol. Maybe it’s gambling. Maybe it’s something softer like video games or Twitter. Maybe it’s something harder like pain killers or hard drugs.
On Sunday, I posted a Twitter poll regarding addiction. Some of my followers posted very courageous stories and admissions about addictions. There were even a few brave souls who emailed me their personal stories about overcoming addiction. They were extremely moving and powerful.
