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🔮 Badass predictions for 2023

🔮 Badass predictions for 2023

PLUS: Scam of the month & NVIDIA

Alex M.
May 26, 2023

GM to absolutely everyone. This is 2036, the newsletter that pays you.

Today is Favorite Friday, where we serve up the resources we most enjoyed this week 🍲

So if you're looking for content to dig into this weekend, this is your list...

🥢 Our Favorite Resources

What we most enjoyed this week

1/ The 16 levels of wealth

“I did not intend to get rich. I just wanted to get independent.” – Charlie Munger

Place yourself, your business, and other people you know, on this list.

Here’s a snippet…

Level 9: Becoming comfortable enough with your social status that you don’t feel the need to flash your peacock feathers with expensive consumer goods whose only value is in signaling. 🦚

The inability to do this is a hidden form of debt that piles up on people who mistakenly think they’re wealthy enough to be independent.

It’ll ruffle some feathers, but it’s 100% worth a read.

2/ Big Ideas 2023 by Ark Invest

Cathie Wood is the most badass woman in finance.

Her investment firm ARK Invest:

called AI “the next Internet” 6 years ago.
predicted generative art
bought bitcoin in 2015

Wanna be 6-years early to the next trend?

Read ARK’s 2023 Big Ideas report.

3/ The liabilities of success

“It’s easy to idolize the accomplishments of those who are more successful than you, but it’s hard to understand the price they paid for that success.

This is why you have to think deeply about what liabilities you are willing to take on prior to embarking on a new project

For example, before starting a business, you should ask yourself:

Do I want to own the successful version of this business?

Because envisioning what the successful version looks like will make it easier for you to determine whether you should start at all.”

Banger article.

4/ You can be successful without being insufferable

And now that we’re on the topic of wealth & income:

“There’s a huge audience of people out there who are extremely good at making a ton of money… and still able to party, travel, stay in shape, be happy, etc.

If you are confident that your earning power will grow exponentially over time, saving every single penny in your early years is a fool’s errand.”

There’s a paragraph in the article - highlighted in green - that’s too long to copy here but that everyone should read.

Give it a shot. You won’t regret it.

And this was probably the most intriguing video we watched all week.

🐦 A couple of Tweets we found interesting

The best of the bird

If you weren't paying attention to AI before, you definitely should be now:
-AI accounts for all of the S&P 500 gains this year
-Nvidia up 167% this year and nearing $1 trillion market cap
-S&P 500 is up 8.4% this year - but it would be down 2% without AI stocks
-AI ETF $BOTZ… https://twitter.com/i/web/status/1…
— Genevieve Roch-Decter, CFA (@GRDecter)
3:44 PM • May 25, 2023

The stock chart of NVIDIA…

Welcome to the Exponential Age.
— Raoul Pal (@RaoulGMI)
2:03 PM • May 25, 2023

Remember ben.eth and his $psyop project? Here’s a short update with some lessons to remember…

Regarding my latest post and the whole $PSYOP situation.
After seeing the amount of people coming out in support and defence of $BEN and treating him like a god I can honestly say I know most of these people have never earned anything with crypto.
Maybe it's because I have a… twitter.com/i/web/status/1…
— Crypto Nova (@CryptoGirlNova)
9:49 PM • May 25, 2023

🏆 The winner of this week’s task

Earn $25 in BTC for opening a bitcoin wallet

Thank you to everyone who participated in this week’s task.

Here’s a list of all the participants as well as the winner.

Congratulations to the winner 👏 - your $25 in BTC are on their way.

Paid tasks will resume next week.