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Thought this was an interesting chart showing the investor share. Peak in 2022 at 20%, right when interest rates were about to ramp up. I'm surprised by the recent Small Investor share, big things bought too much and puked out deals that with only enough meat/risk profile for small investors?

Good night from up north. Hope you are all warm with family as we end the year!

One day I'll start hunting for more old books. But I like the ones I do have.

GM all!

I'm waiting for @HODL to do today's vlog as Ben Franklin reading The White Waper Introduction. Happy White Paper Day everyone!

I have a theory that retirement accounts are a huge harm to local communities because it traps investment wealth in public markets for decades rather than letting people who have wealth to otherwise invest in real estate and businesses locally with immediate tax benefits to improve their community.

GM! At a different park than usual with the kids and there are people on broomsticks running around playing a surprisingly competitive game of quidditch in the athletic field.

GM! It's fires in the morning season!