How many struggling/zombie publicly traded companies are still founder controlled and with cash on balance sheet?The question is when the perception flips from a Hail Mary strategy (Saylor) to simply another capital allocation decision.
I offer you a new GENTLEMAN SPECULATOR with guest Leandro González-Sicilia -
- Family-controlled public companies
- Long-term thinking as an edge
- How luxury is tied to human nature
- Hermès $hesay
- Reading and writing your way into work that you love
Leandro is a great analyst, available on any pod player.
https://www.gentlemanspeculator.com/p/leandro-gonzalez-sicilia-multi-generational
Having kids has made me more keenly aware of this. Every day we are exposed to a world where nothing is sacred and ugliness is almost unavoidable. I don’t think I’m just being naive as it doesn’t seem like it has always this way. Lex orandi, lex credendi. nostr:note1st85y8p6a88rmexx7xfyq46x5xrnppw3uscrxlaz5n5plp5ydsnq645e2l
Twitter and Facebook have actual owners. Fiat money is owned by no one and therefore more susceptible to blowing up. I see your point but I suspect they are different animals.
Global trade goes back to at least the Phoenicians. As a boy, Jesus made an apocryphal journey to England to trade with Joseph of Arimithea. This is different from globalization. Importing immigrant labor or outsourcing all production purely for efficiency, cost reduction, “gdp go up,” is not necessarily innovative. It seems to me you can be pro global trade but anti globalization.
I don’t know. If this is truly a moral issue, call out large accounts by name and not random plebs that have no reach at all. They are trying to do what Odell already did (and now has the luxury to take his audience to another platform). Beyond that, don’t we want bitcoiners to have influence in the public square? nostr:note1wvqrgfk6h3y53rlfqvzqz3tjg6lpyhd7u0pfq7e5glnu594c5y0sh96p0f
Friends - I am sharing with you a new piece - On the Gentleman Speculator. He is a hero for guys stuck in fake jobs, liberal arts majors with no job at all, nihilistic investors turning off their brains, and gamers trading digital blips on a screen.
Feel free to read and subscribe to my new su***ack - Gentleman Speculator. https://image.nostr.build/26debab59fee98894db6a160e53041c090e00fa03a5a72ca1ae85fa7939a303a.jpg
Large tree removal post-Mortem.
Bids:
- Reputable, very professional, large local company - $7k
- Highly regarded amongst neighbors Mexican crew - $3k
- Mom and pop white guy - never made it out to give a bid
I went with the Mexican crew. They did the work in a few hours. They were extremely eager for work and comically unprofessional on a few things. What are you gonna do, I’d hire them again.
Peter Thiel is correct on the fall from grace of what he calls the "left wing philanthropy world."
Joe Rogan: What about these left-wing philanthropy ventures do you think is uniquely corrupt?
Peter Thiel: ..maybe it's just my hermeneutic of suspicion, but there's something about the virtue signaling and what does it mean. And I always think this is sort of a America versus Europe difference, where in America we're told that philanthropy is something a good person does.
And you know, if you're a Rockefeller or you start giving away all your money, this is just what a good person does and it shows how good you are. And then I think sort of the European intuition on it is something like, you know, wow, that's only something a very evil person does. And if you start giving away all your money in Europe, it's like, Joe, you must have murdered somebody or you must be covering up for something.
So there are these two very different intuitions and I think the European one is more correct than the American one. And probably there's some history where, you know, the sort of left-wing philanthropy peaked in 2007, 2010, 2012, and there's these subtle ways, you know, we've become, you know, more European in our sensibilities as a society. And so it has this very different valence from what it did 12 or 14 years ago.
The Family Book.
I've been interested in the old tradition of family books that were passed down through generations in Europe and elsewhere. These heirlooms inculcate members of the family on who they are, their principles, customs, the story of how the family has risen up.
From my understanding, the father would command the eldest son to continue maintaining the book and to pass the practice on to his own eldest son.
The main elements were -
1) stories and examples of family identity
2) counsel and exhortations for the children
3) a book of accounting, such as financial ledgers, baptisms, births, maps of lands, property ownership histories, and more.
These sometimes spanned centuries! https://image.nostr.build/c660f58148d4d145a66bb3a90e46ca7d76c7fa94515fb33847e49e4a94229dd0.jpg
Just published my chat with Devin Rose - Catholic author, blogger, and software engineer. We hit on writing books, moral investing, Bitcoin vs. Ethereum, and more.
Devin is full of practical wisdom on faith, money, and living purposely.
On The Reformed Financial Advisor podcast.
Enjoy! https://image.nostr.build/f6ebc2908ea1b04dd2ce473d847e886cd874c1dfcca0ec8e1d72585eac97f150.jpg
For those that also couldn’t look away from the Breedlove Jerry Springer drama, I bring you the Norm Macdonald - Tiger Woods bit.
“Do you mean to tell me that Breedlove was living a double life of podcasting AND lying with ladies?”
https://youtu.be/c6XlZPDpo-w?si=5xb5zPySmuur8A1J
In this Reformed Financial Advisor podcast, I critique the "die with zero" financial paradigm, muse on the concept of family wealth, and riff on Bruce Hornsby, Norm Macdonald, and Gran Torino.
Happy Easter!
https://www.simplewealthkc.com/post/against-die-with-zero
Clearing out my cache of takes before logging off for about 40 days.
- The true definition of wealth is one of those 12 passenger Ford Transit vans, full
- The bright, highly autistic, very online liberal arts majors coming out of Catholic colleges should start working as #bitcoin and equity analysts
- The youth are being denied the empowering act that is commandeering a jukebox in a dive bar
- If I had a Grant Williams podcast voice I would be unstoppable
- Subsidiarity > Decentralization
- NgU > Sharpe Ratio
- Tiny Moves - Bleachers is a nice song
- You could do worse than to subscribe to The Reformed Financial Advisor on an RSS podcast provider near you, for a new pod every sometimes.
In this conversation I go down the rabbit hole of family wealth from a Catholic perspective with @Dorian . Dorian wrote his graduate school thesis on Family Wealth & Bitcoin, and I'm giving him the title of The Croatian Catholic bitcoiner.
We get into Tucker Carlson’s take that inheritance is a huge problem, a 1,000 year old Benedictine monastery in Croatia, family dynasties, and rediscovering the noblesse oblige.
"The essence of our faith is generational family wealth." - Dorian Antešić on The Reformed Financial Advisor
https://www.simplewealthkc.com/post/family-wealth-catholic-dynasties-w-dorian-antesic
There should a white label beef delivery company. Like Omaha Steaks, but for bitcoin influencers to create their own brand. Bitstein’s Beef, Saifedean’s Steak, etc.
I am thrilled to announce the latest print of my proprietary Casey’s Pizza Inflation Index (CPI). Since 2021, I have been reporting to you on the theft of delicious gas station pizza purchasing power that is the result of inflation debasing your dollars.
2020: $2.50
2021: $2.69
2022: $2.99
2023: $3.53
YOY change: +18.06%📈
Since index inception: +41.2%, (+12.2% annualized) https://image.nostr.build/3b00a78626ff8d4d005b08082c889d3cdf5107dd260497874192e9c1f75fd432.jpg
I started a new substack called #Bitcoin Papist.
This my humble contribution on money as it relates to the #Catholic faith and tradition in the digital age. I'm not a theologian, cryptographer, technomonastic, or academic of any sort, just a layman sharing my studies.
Ask to my followers - please subscribe (for free), share with anyone who might enjoy, and dm me if you know of someone I should collaborate with.
The piece I'm sharing is a response to Matt Fradd's commentary on the Russell Brand demonetization, where Jacob Imam erred on the only Pints with Aquinas bitcoin episode, and the conversation on the spiritual legacy of fiat inflation I'd love to hear.
https://bitcoinpapist.com/p/russell-brands-demonetization-pints
A new Reformed Financial Advisor is up. I have a wonderful conversation with fellow CFP, Isaiah Douglass.
We discuss:
- Building online
- Joining Swan Private Client
- Andy hates soccer/Isaiah likes soccer
- COVID breaking our brains
- How FAs simp for inflation
- Bitcoin and the american dream
Streaming on pod players and linked below.
https://www.simplewealthkc.com/post/the-freedom-to-have-an-opinion-isaiah-douglass
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