Newsletter

Wealth is what you don’t see

Ever notice how financial news always feels just a little bit panicky? That’s not a coincidence. That’s by design. There’s evidence that negativity drives online news consumption. Specifically, each additional negative word in a headline can increase click-through rates by 2.3%. Financial media leans into this. The Brookings Institute found that “U.S. economic news coverage

There’s a certain kind of person who, after making $10 million, wants to make $100 million. And if they hit $100 million, they chase a billion. Reid Hoffman made $40+ million from PayPal before founding LinkedIn. He didn’t have to build anything ever again. But he did. Why? Because some people are wired to play

When you have to pick between owning a house and the dream of financial independence, I’d like to call the following thought experiment “House FIRE.” (Terrible pun, I know) $1 million home vs. $1.5 million portfolio Many people (ok, me) want a single-family home in a decent Los Angeles neighborhood—something with at least three bedrooms,

Okay, semi reversible. But that’s good enough.