Is “The Tesla of China” better than Tesla?
Formerly a Portuguese colony, Macau is now one of the richest regions in the world.
My belief is that in 20-years, people will look back to 2019 and laugh and say “I can’t believe some people were betting against Musk.”
Amazon, Google, Facebook, and Apple. How big is too big such that consumers are being harmed by the growing dominance of digital platforms?
At the end of the day, the sunk cost fallacy is caused by pride, loss aversion, and irrational commitment to past decisions. The sunk cost fallacy makes us stupid. Don’t let it trick you.
Generally, an inverted yield curve signals a potential recession that will occur anywhere in the next 12 to 24 months. So is it time to panic?