The Finance Journal

“If returns are going to be 7 or 8 percent and you’re paying 1 percent for fees, that makes an enormous difference in how much money you’ll have in retirement.” - Warren Buffett. The Finance Journal 📈

Peter Lynch: "If you invest $1,000 in a stock, all you can lose is $1,000 but you could gain $10,000 or even $50,000 over time if you are patient. You need to find only a few stocks to make a lifetime of investing worthwhile." The Finance Journal 📈

The fastest growing jobs in America The Finance Journal 📈

“If you can follow one type of data, follow the earnings.” – Peter Lynch The Finance Journal 📈

Cash is a fact. The Finance Journal 📈

The skill most CEOs don't have The Finance Journal 📈

"The investment business is full of people who got famous for being right once in a row." - Howard Marks. The Finance Journal 📈

“Never invest in a business you cannot understand.” - Warren Buffett The Finance Journal 📈

Wealth per person (across 22 countries) The Finance Journal 📈

The concept of “self-learning” is a modern invention. For most of human history if you wanted a skill, you either find a mentor to teach you, or you read a book. There was no "school", or course, or degree. Benjamin Franklin left school at ten and formed himself into one of the best writers, scientist, and diplomat with a library pass. Abraham Lincoln had less than a year of classroom. He read Blackstone in a store that never had three hundred people in it, then went home and stayed until he could do Euclid at sight. Napoleon disappeared into the library at Brienne while the other boys played. History was a manual for him. Michael Faraday bound books for a living and educated himself out of the pages he was sewing. The Wright brothers ran a bicycle shop. They learned flight from journals, letters, and trying things out. Churchill finished near the bottom of his class, then read Gibbon four or five hours a day in the heat of Bangalore until he had the education the school had refused him. The idea that you cannot learn a subject unless someone enrolls you in it would have been incomprehensible to them. HONESTLY A RIDICULOUS CONCEPT. This has gotta be such a large part for why the world has stagnated. People are looking for permission to learn, when it really should be a culture of curiosity that's driving it. We should stop calling it "self-learning" as if it it is some trick. It is LITERALLY the default. Go get a book, sit down for 12 hours straight, and DO THE WORK. The Finance Journal 📈

Value vs Price. The Finance Journal 📈

"It takes character to sit with all that cash and to do nothing. I didn't get to the top by going after mediocre opportunities." - Charlie Munger. The Finance Journal 📈

"It's not whether you're right or wrong, but how much money you make when you're right and how much you lose when you're wrong." - George Soros The Finance Journal 📈

😎 Sam Altman: Compute will be the currency of the future.

“I think it will be maybe the most precious commodity in the world.” “Intelligence is going to be more like energy.” “If it’s really cheap, I’ll have it reading my email all day, giving me suggestions, and trying to cure cancer.” “The world is going to want a tremendous amount of compute.” “Energy is the hardest part. Building data centers is also hard.” “We’re going to want an amount of compute that’s just hard to reason about right now.”

@aipost 🏴

By 2030, plumbers and electricians might have more pricing power than the senior software architect. Per the latest Anthropic Economic Report @aipost 🏴

📈 Anthropic’s AI economy forecast Anthropic modeled what happens if AI adoption goes into overdrive and the numbers are wild. By 2030, its extreme scenario sees U.S. GDP rising 32.4%, annual growth reaching as high as 15%, while intellectual-labor wages fall 10%+. Meanwhile, capital’s share of the economy could jump from 40% to 54.8%. So the scary part isn’t AI making the economy poorer. It’s making the economy dramatically richer while programmers, analysts and other knowledge workers potentially get paid less or replaced entirely. Anthropic says this isn’t a prediction. But modeling an economy like this for 2030 shows just how seriously the AI labor shock is being considered. @aipost 🏴

"Like Warren, I had a considerable passion to get rich, not because I wanted Ferrari's - I wanted the independence. I desperately wanted it." -Charlie Munger The Finance Journal 📈

Four personalities in investing The Finance Journal 📈

countries with generous pensions The Finance Journal 📈

“People who hold cash equivalents have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.” - Warren Buffett The Finance Journal 📈