Lions would be more excited if a name from 20 years ago posted again than by any of the current generation's recycling of the minimum material to get the most revenue.  

Of course, a lot of the past internet is now only on apps.  Setjetters is something that would have been a website 25 years ago.  Now it's only a paid app which requires degraded location accuracy.

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So the amerikan people keep voting for a bigger government & the bigger government spends half the year shut down instead.

Lions have been pondering what to do since the marathon is happening but all the museums are closed.  A big chunk of events are now gone.

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The lion kingdom portfolio was pretty abysmal since April.  The index funds went up 10% but most of the stonk was in BRK-B which crashed 10%.  The cash position has just another 3 months before crashing back to 3% interest, if it's lucky.  Suspect they'll have enough wage deflation to get it back to 0% next year.  Car inflation is setting records, but it's all subsidized by wage deflation.

It's difficult to know the performance without paychecks.  It definitely shows the risk of retiring in a down market with a conservative portfolio.  The hope was interest rates & stonks would offset each other, but we're entering a reality of sideways stonks & negative interest.  The lion portfolio is only going to grow 3% most of the time.

Lions don't subscribe to the end of the AI boom marking the end of the S&P.  That was true 30 years ago when the blockbuster had no followup, but we have a constant rotation of blockbusters now & they're coming annually.  Next season can be a blockchain boom, web 5.0 boom, cloud 2.0 boom, VR 2.0 boom, humanoid robot boom, space exploration boom.  Lions suspect space exploration boom & there are going to be zillionaires we all wish we could be, if only we owned what they own right now.

The pressure is definitely on to add more S&P next, if it does crash 20% again.

Since government paychecks are on hold, 2/3 of the economy, a lot of money meant for retirement plans isn't entering the stonk market.  When those paychecks finally hit, there's going to be a lot of buying.  At least, that's what lions see in the current sideways movement.

The whole FIRE/passive income boom really didn't exist until 2015.  Kuhn noted the lack of any passive investing advice before that time.  Suspect it's based manely on the economic stimulus which only existed after 2010 & it's not a permanent condition of the stonk market.  By 2015, enough animals simply realized the conditions at the time supported more early retirements.

 Before 2015, the closest we had to passive income was rental properties, house flipping, stonk picking, low yielding bonds.  The yield was too low or it was just another full time job.

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