Can You Become A Millionaire in 10 Years?

I spent a lot of time fantasising about winning the lottery when I was younger. Daydreaming about how I’d spend the money and how my life would change was a frequent pastime. At 22, I decided to get real. Having just discovered the world of personal development, I had my think big hat on. Full of youthful …

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What I Have Been Reading – April 2021

Stock Market Crashes During Economic Booms The higher real GDP growth goes, the higher average annual stock market returns tend to go. The highest growth with a down stock market came in 1941 when GDP was up double digits year over year while the S&P 500 finished the year down almost 11%. This was an …

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What I Have Been Reading – March 2021

Valuations Not giving a damn about current income is the secret formula that sets you free from all terrestrial bounds of physics and logic. The way you pull it off is by executing on growth at any cost (GAAC?). Profits can come later once the market share battle is already won. Shareholders are willing to …

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What I Have Been Reading – February 2021

Banking Error The recipients of roughly $500m (£360m) that US banking giant Citigroup wired erroneously will get to keep the money, a US judge has ruled. Judge Jesse Furman said Citi was not entitled to recoup its funds, even though they were “indisputably transferred by mistake”. The bank was supposed to have sent interest payments …

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What I have been reading – January 2021

Gamestop frenzy The reddit campaign to push its stock up started two months ago. At first shares rose a little. That caught people’s attention, those people bought, which pushed prices up more, which caught more people’s attention – on and on – until this week when virtually every investor in America is paying attention to …

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What I Learnt In 2020

Great Things Happen All The Time A collection of 99 feel good stories from 2020. The world is not as bad a place as the news makes it seems. The world keeps improving each and every day and life gets better. futurecrun.ch     How To Get Wealthy My simple secret of getting rich that …

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What I Have Been Reading – December 2020

Software Ate The World Software ate the world and hardware has been struggling to keep up recently. Now the largest software companies are slowly becoming hardware companies and pursuing an integrated strategy that only can be achieved at the largest scale possible and with barriers of entry that are quickly expanding in addition to their …

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What I Have Been Reading – November 2020

Time Billionaire The concept of being a time billionaire is truly profound. “When I see 20-year-olds – the thought I had was they probably have two billion seconds left. But they aren’t relating to themselves as time billionaires.” Twitter     Airpods If Apple AirPods was a standalone business (founded 2016, $12bn revenue, 125% growth, …

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What I Have Been Reading – October 2020

Apples Search Engine Apple now receives an estimated $8 billion to $12 billion in annual payments — up from$1 billion a year in 2014 — in exchange for building Google’s search engine into its products. It is probably the single biggest payment that Google makes to anyone and accounts for 14 to 21 percent of Apple’s …

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What I Have Been Reading – September 2020

What People Want People don’t buy products, they buy transformations. From overweight to fit. From dumb to smart. From incompetent to competent. From poor to wealthy. From timid to confident. Figure out what you’re transforming. Twitter   Growth Investing Unlike in real estate or in professional sports, in the stock market people seem to get …

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