Ireland has a strange problem. They have received too much money from taxes as many IT companies have set up their HQ in there, and they do not know what to do with the money. You mind find it strange… Read More »Lifestyle inflation
Seeing a lot of discussions on the internet, articles and talking to people in my life, I do not think that most people understand how billionaires or even millionaires work. Here is how people usually think about them – They… Read More »People Do Not Understand Billionaires
“You may think that media is a better place to invest than the declining US steel industry or a Detroit carmaker. After all, magazines in the US don’t have to compete with offerings from China and Germany and Japan. They… Read More »Recommended Read: The Death of the Magazine
If you want to buy something all of a sudden, do you really want to buy it, or are you avoiding boredom, or are you just stressed? The same can be applied to drinks, cigarettes, food, or any other vice.
[The Jordan B. Peterson Podcast] 410. Talking Impact Investment and ESG’s with a BlackRock Executive | Terrence Keeley #theJordanBPetersonPodcast https://podcastaddict.com/the-jordan-b-peterson-podcast/episode/169149706 via @PodcastAddict
“Wealth creation depends on complex, improbable, and fragile institutions and incentives for coordinating human activity and the division of labour. Minimally, this includes robust property rights, a culture that rewards science and innovation, the impartial rule of law, and free,… Read More »Recommended Read: Why do people believe true things?
“When counting wealth among all adults, data show that its value has increased more than threefold since 1980, and nearly 10 times over the past century. Since much of this wealth growth has occurred in the types of assets that… Read More »Recommended Read: The great wealth wave