Speaker 1
And i'm in favor of it because, as i have studied this, i realize that there is a whole group of people in the world who, through no fault of their own, have not been trained up on how to, like, to take advantage of these various things. Now, obviously there's lots of tools, reading, you following certain people on social media, reading very broadly. But we got to give him a chance to come up to speed, i think. But it gets back to this idea that i want your opinion of, which is, i often hear, and you said it in the thing that i read that you wrote, the winner take off. I don't think that the new digital the meta verse, s everyone is calling it, i don't think it's winner take off. I think that there are going to be a host of things that people can do. The easiest i can think of is substack. I'm watching a lot of the most popular journalists just abandon the pretigious posts that they used to occupy, being the lead writer for the rolling stone or the new yorker magazine, et cetera. And they're loving it so and i don't think it's just writing. I think, for example, jessie livermore asset management's first research partner is a genius, and he has two papers. I got a call from a friend who's a phd. At a well known university, an his life. Will you tell him just to submit that and we'll give him a phd. For it. But the point is an important one. You have to understand how to curate. I think that's a gibbon. But you can find resources on the inner net where, i mean, honestly, i've read some research reports written by people i've never heard of that are ten times as good as selside stuff that i've read, ten times as deep. And this process of discovery, i think we're in the middle here. We're not even close to the end gang. But the more understand that the leverage that the degital universe gives you is enormous. And it's no longer your c b. One of the things i would say is, in the old world, my c v suggested competence. In the new world, your c v is the news letter you put out every day. And it isn't suggesting competence. It is demonstrating competence, week after week after week.