- I haven’t cut out caffeine but coffee instead.
I used to be a “heavy” drinker, 5-6 cups a day. Unfortunately, I started having really bad stomach problems. Constant acid burbs and heartburn so bad I couldn’t sleep some nights.
I tried everything. Changed coffee beans, the way I’d make it. Nothing helped.
So from one to another I switched to green tea, about a year ago. My Stich ach is great now. No more issues. I do miss the taste of coffee now and then. But overall I’m very happy to have made the switch.
- >There are three types of sales: team, team & tech, and team, tech, & traction. Each one is more valuable than the last, provided the company grows. The greater the revenue, the more likely the acquirer prices a target on a revenue multiple.
I have also seen team + traction and traction only.
- By the way, I just learned the ABC rule in this thread (Always Be Selling) :)
So, you should go ahead and subscribe to my newsletter. It's pretty good:
- That's the story for many decades now. It turned out wrong every time.
See for example: https://ritholtz.com/2019/08/death-of-equities-40th-annivers...
- Yes, you're right, I was not precise. That's what they used to say about themselves:
“The Vanguard Group is truly a mutual mutual fund company. It is owned jointly by the funds it oversees and thus indirectly by the shareholders in those funds. Most other mutual funds are operated by management companies that may be owned by one person, by a private group of individuals, or by public investors. ... The management fees charged by these companies include a profit component over and above the companies’ cost of providing services. By contrast, Vanguard provides services to its member funds on an at-cost basis, with no profit component, which helps to keep the funds’ expenses low.”
- My stock advice for any rookie has always been the same:
- Buy S&P ETFs, most preferably by Vanguard, because they are a non-profit and thus have very low fees
- If you have a large sum of cash, go all-in immediately, don't wait for the perfect time
- Now, just wait, ideally 10+ years, before looking into your account again
- I’m not the biggest fan of Ben Evans, but he’s right on “privacy fanatism”:
> At a certain point EU privacy regulators will realise: When an EU citizen requests a US internet resource, they provide a US server with their IP address; An IP address is PII; The CIA could record that; Therefore it is illegal to provide any internet resource to anyone in the EU
Source: https://twitter.com/benedictevans/status/1492102034409066504
PS: saying this a German citizen…
- You're right, they're bigger then ever before.
The relevant question for me is: how much bigger would Reddit be today without their shitty approach?
I never turned into an active user - mostly because I'm appalled by things like: being forced into their mobile app, for example. I just use reddit to read stuff and then leave. On HN I contribute a lot.
- I am really getting fed up with these black and white verdicts on DeFi. I am missing a nuanced view of the potential but also the possibilities behind DeFi.
Yes, maybe some of these platforms and players are not legit. But constantly putting the entire crypto and DeFi world into the "shit-this-world-does-not-need" bucket is so tiering.
> When I needed medical attention, I was helpless to help myself survive.
A very strong and independent character came to realize we all need each other to survive. A good reminder to stay humble.