early_exit

I'm not so convinced on the land rent thesis.

Fewer jobs, less money --> people less willing to pay for anything more than bare minimum --> downward pressure where being cheap is the biggest selling point.

To be fair, "them" are actively working to replace "us" with AI.

As a young Have Not, I'm just waiting this one out. I see 1 of 2 options in the future:

1. Prices go down because nobody can buy the homes at their current prices given current interest rates

2. Prices stay up because large buyers scoop up the homes. Over time, fewer and fewer Americans actually own homes. Eventually the majority of voters will be Have Nots and the scales of power will tip.

Given Twitters current valuation, wouldn’t Musk consider any outcome where he pays less than 5B an absolute win?

Do these compare performance before or after fees? Regardless, if you're comparing funds (that contain lower risk investments, like bonds) to the S&P500 then they're going to lose whenever equity markets beat bonds - which is most of the time.

If I actually (by picking stocks) have a lower expected return than the S&P, shouldn't I be sending all the hedge funds my stock picks so that they can short them (while being long S&P) - therefore beating the benchmark ~75% of the time?