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…
Some careers are well-defined and have a clear path to success. If you want to make partner at a prestigious law firm, for example, you need to crush the LSAT, attend law school at Yale/Harvard/Georgetown/something similar, clerk with a top firm one summer, secure an offer, spend a couple of years doing grunt work, then climb…
Dazzling lights Flashing signs Cheers to joy! Grumbles of disappointment. No clocks or windows. Just plenty of drinks. Every day, millions of dollars are exchanged through dice thrown, wheel spun, card flipped and cards flipped. Casinos have a unique character. What do you do first when you enter a Casino? You may love the excitement…
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…
It’s not internal bleeding, failed surgeries, or ineffective rehabilitation that causes the most surgical complications. The most common surgical complication is prolonged opioid use post-surgery. This is not a surprising phenomenon. Patients are in excruciating pain after surgery. Doctors prescribe OxyContin to ease this pain. OxyContin relieves pain by releasing dopamine, which floods our brains with “feel-good chemicals”. Dopamine…
After reading a Washington Post article about American loneliness two weeks ago, I couldn’t stop thinking about it. The tl:dr is that Americans spend more alone time than ever. This article contains some shocking statistics: The decline is similar when “friends” are expanded to include co-workers and clients. In 2010, the average American spent 15 hour per…
When I was young, I played a lot of video games. Call of Duty was one of them. I also played Skyrim, Super Smash Bros and Halo. When I was between 10 and 11 years old, one particular game stood out: Pokémon. Pokemon’s core gameplay revolves around the battles of creatures ( they are called “Pokemon”) that have different types…
. In a previous post, I said that “the things you’ve read and your experiences” are the two most valuable inputs to any writer. “ People often ask for book suggestions, and I am always asking for them. Today I want to share some books that changed my life. I hope you enjoy it. The Search for Meaning…
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…
As a child, I played all kinds of Mario games. You likely did too. You probably did as well. There was Mario Kart which put all your favorite Mario characters into a Grand Prix. A blue shell that was not timed correctly can ruin a victory. And Super Smash Bros is the greatest combat video game ever created. You’d be battling a Who’s…
