Weekly Mixtape For March 13th, 2022

All About Your Benjamins™

https://youtu.be/hdkxomMsKCQ Week In Review Articles The WSJ: Inflation Reached 7.9% in February; Consumer Prices Are the Highest in 40 Years The WSJ: Senate Passes $1.5 Trillion Spending Bill That Includes Aid for Ukraine The WSJ: Bitcoin Price Surges on Biden’s Crypto Executive Order The WSJ: Amazon Board Approves 20-for-1 Stock Split, $10 Billion Share Repurchase The WSJ: MLB Owners and Players Agree to New Contract, Saving 2022 Season The WSJ: A Brooding ‘The Batman’ Revives Moviegoing With Top Opening This Year https://twitter.com/khemaridh/status/1502786950775783425 Weekly Mixtape Morgan Housel: Low Expectations "Munger is right that unrealistic expectations assure misery, for two reasons. One is that the world is a fragile and volatile and complicated place, and the only way to avoid disappointment is to expect it. Second is that progress tends to move the goal post. So the only way to enjoy the modern world is if your expectations rise slower than its progress." Jack Raines: F*ck You Money "Ironically, the best indicator of having "f*ck you" money is the absence of having to think about money at all." Khe Hy: Are Ambitious Parents Bad Parents "I had discovered Ikigai. I operated from a flow state. And I smiled a lot" A Wealth Of Common Sense: Some Thoughts On Bear Markets "Volatility test your emotions and intestinal fortitude. Extended downturns test your patience and resiliance." The Reformed Broker: Say Less "Stop talking about non-financial events as though they can be quantified by glorified bookies running Excel models at an investment bank. Stop speaking in percentages when a misheard remark could change the course of a war and a stray bullet could change the world. Surely you must know better. Saying less is always a good option." Bob Seawright: Words To Live By "Everything can't be measured. In fact, the more important it is — love, learning, wisdom, imagination — the less it can be measured at all, and the more disastrous any attempt to do so tends to be." Jason Zweig: The Secret To Braving A Wild Market "Second, investors need not only the courage to act, but the courage not to act—the courage to resist" All About Your Benjamins: PRST On Our PRST: Surf's Up With Tyler Galbraith On Our PRST: Designing Life With Carl Paoli Fox 59: Dealing With Rising Prices https://youtu.be/xH-prWTTdGA Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.