New post

Greetings Stonk Soldiers!! We sent you a mail on 4th April titled “Revenge of the Easter Bunny”. This was the peak of the messy trade war, a tanking stock market & plenty of chaos. The newsletter basically said - don’t panic, zoom out & play the long game. We bought the scary dip & piled into everything we could get our hands on (Penguin coins included). It worked out nicely - markets are up 40% since then (Bitcoin up 50%+).

I know it’s super tempting to just put it all on Aviator & hope for the best. But fast money is often lost money. Thinking long-term requires discipline & ownership. Here’s an excerpt from a Jeff Bezos shareholder letter (2003). On the first page, in the first paragraph he says this:

Owners are different than tenants [many stock ‘investors’ and speculators], tenants are more short sighted and treat things worse for short-term gain in ways owners wouldn’t. Many stock investors are “tenants”.

Amazon is up 21,000% since this letter.

Psychology is fundamental to stock markets. Markets are driven by humans who are irrational, fearful & greedy. Social media amplifies the pendulum towards extreme fear & extreme greed. On the surface, stock markets look very noisy & unpredictable — but at the same time, investor behaviour is very predictable. You just need to zoom out.

We’re doing a really cool TV series with Capitec. The goal is to simplify finance & make educational content super accessible. We’re covering corporate strategy, small business & personal finance hacks. Check it out below!

Here’s a list of dope newsletters we enjoy reading & wanted to share with you! Please send us newsletters you enjoy & we will feature them!