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The American dream is broken
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00:01 - 17/11/25
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The most compelling chart for being a stock market
investor… Over the last 50 years: US Inflation: up 6x S&P
500 dividends: up 21x S&P 500 total return: up 309x Over the
long run, stocks trounce inflation and protect your
purchasing power
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What this really means is OpenAI is the most
vulnerable to ceding marketshare to others
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Self-driving taxi company Waymo is
now doing 1 million rides per month in California, a 3x
increase over the past year and 26x increase over the past
two years
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"If you're not willing to react with equanimity to a
market price decline of 50% two or three times a century,
you're not fit to be a common shareholder - and you deserve
the mediocre result you are going to get." - Charlie Munger
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