A case study that is interesting: Planet Fitness has a $10 gym membership that gives unlimited access. This is a ridiculously cheap price. Planet Fitness is a thriving business, despite its low prices. Its stock price has increased 134% in the last five year. How can a business make so much profit despite offering such low…
Two stories about celebrities. Johnny Manziel, two days after turning 20, was at the top of his game. As a rookie quarterback, still one year from reaching the legal drinking-age, Johnny Manziel set conference records and knocked Alabama off their pedestal in 2012. He won college football’s crown jewel, The Heisman Trophy, that same year. Many…
Language can be funny. In English ” History” can be defined as a chronology of important events (such those that affect a nation or an institution). The term ” story “ refers to a person’s account about an incident or event. History is a way to express objective facts, or a series of concrete, real events. Story is subjective and skewed from the perspective…
The past is waiting to be played out in the outcome of a game with a finite number of players. Anyone who plays towards a specific outcome wants a specific past. Finite players are competing to win a prize in the future, but they also want a prized history. James Carse Finite & Infinite Games In…
Ash Barty, a 23 year old Australian, took over the Tennis World in March 2019 when she beat three of the top ten players including Petra Kvitova, Karolina pliskova and Karolina Slijkova, on her way to winning Miami Open. She defeated Marketa Vondrousova, in the French Open finals two months later. In the final…
Time is money. If a person can earn 10 shillings per day through his work, but spends sixpence on diversion, or is idle for half the day, that should not be considered as his only expense. He has actually spent or wasted five shillings. Ben Franklin Ben Franklin’s 1748 essay advice to a young tradesman, “Time…
Some Brief Updates I am a radical advocate of transparency and want to let you know the current state of Young Money. Here are a few updates. Young Money’s first two sponsors Please fill out this 8-question survey. I didn’t sell Forbes my blog for $5M (I love April Fools Day). You may have noticed that the welcome…
Caesar Augustus became the first Roman Emperor in 27 BC. Augustus is widely regarded as one of Rome’s most important leaders. His reign began the 200-year pax romana. The Roman Empire thrived in this period because of its excellent transportation and sewer infrastructure, which supported densely populated cities. Rome alone had an estimated 1 million residents….
What should I invest in? “ This question has been asked to me more than I can remember in the past year. This makes sense since I have a finance blog. Over time, my answer has evolved. In two years, I would’ve given you a detailed description of the SPAC that I invested in and why. I would have…
Financial markets in the last few years have been anything but usual. GameStop’s share price was $400 (pre-split). Nikola Motors briefly had a value greater than Ford. NFTs were valued at millions. The most crazy market moment of the pandemic period wasn’t a cryptocurrency, meme stock or SPAC. Sweet, sweet crude was the market’s most insane moment. The oil…
