Not Investment Advice 231: US vs. Global Stocks, Gen-Z Trends, Why People Stopped Drinking Alcohol & Does "Social Media” Exist?
14 snips
Sep 3, 2025 A lively discussion unfolds on the contrasts between US and global stocks, revealing fresh investment strategies. Gen-Z trends come into play, showcasing a shift in attitudes towards alcohol consumption. The boys delve into why many have decided to stop drinking and how societal norms are changing. The existence and impact of social media are questioned, exploring its effects on personality, behavior, and social interactions, ultimately sparking contemplation on modern digital culture and human connectivity.
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Rebalance Toward Global Exposure
- Rebalance your portfolio toward global equities if you worry the US will lose dominance.
- Buy a global ETF like VT or allocate modestly to emerging markets and Bitcoin as hedges.
Focus On Your Craft, Keep Investing Simple
- Focus on your craft and use simple allocations rather than active stock picking.
- For most people, get good at something and allocate to a few ETFs and a small Bitcoin position to preserve purchasing power.
Human Capital Guides Risk Allocation
- Your human capital is typically your largest asset and should guide risk allocation.
- Stable lifetime earnings let you take more portfolio risk, while unstable earnings counsel caution.
